RE:MarketCap / Redecan DealI trade longterm and I am sure if you ever read this forum you would know that.
IMHO HEXO Corp needs to release news that the Tabloid article was full of shyte (maybe worded differently but that drift to it) and ideally that it will be looking to take legal action. This would send a clear message to the papers (Tabloid in this case) that publishing deflamatory statements about the company will not be tolerated.
HEXO Corp also needs to address the debentures, if that is holding up institutional buyers from entering then it would be in the company's best interest to address the matter and move the concern to the back burner. That would be best served up by identifying where the company is on cash, projections for 2022 and a plan to close any gap w/o the need to dillute current investors as well as those looking to take up positions.
That's it. There are 2 FUD factors riding the back of HEXO Corp, remove the monkies and the shareprice goes up IMHO
If you daytrade then daytrade, I douth many forum readers are actually onboard with a longer term investment strategy anyway.
Q