Shorts in ControlIf you look the top 6 shorted stocks on the CSE (all pot stocks) were all down from 2.2% (TRUL) to 9% (TER) and all US stocks. The major drop all started around 2:00. The CDN major stocks WEED, TLRY and ACB all up.
CURA had 2 million shares total traded, including CURLF. This was a very coordinated short sell off by those who had some kind of insider info on SAFE and the NDAA.
The shorts are in control and this stock can keep going down if they so choose. It may even go down to the single digits. This volitality will continue until SAFE is passed or something that allows CURA to uplist and bring in institutional investors. Once the institutional investors are in, coordinated short selling like this will be more difficult, then its AI and the algos by the big boys.
I haven't sold or bought and holding my nose until, as I've said before, next Summer when something is bound to happen due to Schummer and the mid-terms. I will be very pleasantly surprised if something happens sooner.
GLTA