RE:i have no idea on PTsCanopy is definitely winning the short attack. North of 100M (40%plus of the float) between TSE and Nas, and who knows what the real number is. Much higher likely. Need a major catalyst to start a long sqeeze again.
Hard to imagine we'd be here. Red for 11 months, relentless is right. Even MSO's whose top and bottom line are growing each Q, are in the same boat, although not as severe.
Noit sure why the Reddit crowd likes Tlry so much, we are way more shorted.
Good to hear form you North. GL as always.
Cheers to Biden remembering his election promise. Let some MJ prisoners out of jail FFS.
WeedTheNorth wrote: If you've read me, I've kept away from recommending at tops because I've been selling at tops and advising the board as it happens. But I love the cannabis business, and the fact that only canada and Uruguay have federally regulated cannabis, so I recommend buying when it's not obviously in bubble territory. This makes me seem really wrong until the next run.
That being said, 3.3 Trillion of options expire tomorrow in the biggest readjustment I'm aware of. We have been relentlessly shorted since the January spike 2021 for this expiry. We get to finally get a look on the other side with less of these naked shorts and shorts in general being shaken up.
https://mobile.twitter.com/zerohedge/status/1484195564690583557?cxt=HHwWisC9qZSA9pgpAAAA GL longs, day traders also welcome to ride