RE:RE:RE:Big Players Accumulating Nextleaf?Of course, as usual, it is no use to ask you Stealthct to provide any value-added thinking past your pontifying one-liner. I will leave it to your ever-depressing mood.
One may think accumulating Nextleaf would be in huge chunks. This is how we would know these are big guys, right? Wrong. This is not how you accumulate, this is how you cover your short selling. If you see a 100,000 share single trade at 10 cents, will you then be tempted to sell your shares at 9.5 cents? If the buyer is short covering it is a nice move because the next trade is likely to be at 10.5 cents.
What I see is no short covering, which is in itself good news. Then what?
Toronto is open, but most markets are closed today. Nextleaf's share price will not get back to normal in a single day or anytime soon. I agree with the general opinion on this. But this is not a reason not to continue sharpening our trader acumen and to undermine the purpose of this Stockhouse board.