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Medipharm Labs Corp T.LABS

Alternate Symbol(s):  MEDIF

MediPharm Labs Corp. is a Canada-based full-service pharmaceutical company. The Company specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products. Through its wholesale and white label platforms, the Company formulates, develops (including through sensory testing), processes, packages and distributes cannabis extracts and advanced cannabinoid-based products to domestic and international markets. It also provides GMP flower sourcing, packaging, and distribution services for select international clients. In addition, it cultivates cannabis to sell as dried flower, pre-roll and other cannabis products for the adult use and medical markets. It also sells metered dose inhalers and aerosol sublingual sprays. Through Harvest Medicine, it provides clinic services to Canadian patients requiring medical cannabis education and prescriptions.


TSX:LABS - Post by User

Post by Redwine12345on Jan 26, 2022 5:19pm
175 Views
Post# 34364302

Shorts

ShortsIt looks like there still is a large number of shares shorted. And it looks like someone is trying to keep this baby at this level. Whoever shorted shares are not in the rush to close their position. They still believe that stock will go down or they will be able to push it lower. Otherwise they would be closing their position. What does it tell you? IMHO, it seems that there is some interest right now and they are feeding into that interest. Once everyone satisfy their hunger, they will try to push it lower. I think we need a solid news here to put some fear in shorts. 
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