RE:RE:RE:SP action today very positive!Oldweed wrote: ledzep4u wrote: Oldweed wrote: Looks to me like the shorts have run out of shares to borrow, we are green on a dismal day the squeeze is primed:)
One thing I've learned from many years of investing, is never count out the shorts, especially with pot stocks.
Shorts tend to be sophisticated investors and know what they're doing for the most part. I don't short, but the shorts currently have more power because it's only retail investors that own CURA so they are able to manipulate the price that much easier.
Once institutional investors come in after uplisting, it will be more diffcult to short because the stock should trade more on fundamentals. Look at the list below of most shorted stocks on CSE and the top 6 are pot stocks (CURA is 3rd).
https://shortdata.ca/largest-short-positions
Actually in one of the interviews posted on this board Boris stated that a large institutional investor has found a way to invest in CURA, my guess is they are quietly loading up!
Currently, I only see less than 1% (0.87%) institutional holdings according to Yahoo Finance below:
https://ca.finance.yahoo.com/quote/CURA.CN/key-statistics?p=CURA.CN