RE:RE:RE:RE:RE:70% daily volume shorted yesterday againDont disagree with your observations in general and the reinstatement of the positive sentiment on SAFE + from friday/over the weekend can change all this and we may see those 1.2 million shares gobbled up in a jiffy.
Having said all that, I've been here long enough and invested quite heavily (over 350k cdn) for last 2 years into HITI, I can say it's never simple/straightforward with HITI, so make that of what you will..glta
FalconM wrote: I've seen so many MJ stocks go on crazy bull runs following the announcement of 100s of millions of dollars in bought deals/share dilution. I really do not think that the sale of shoom's shares, which is such a small company, would have any meaningful impact on preventing the market from correcting High TIde's valuation. Every time canopy's market cap increases by a few percentages its worth the entire valuation of this company. And yet High Tide is superior to Canopy in a number of areas. So the more MJ stocks go up the more this stock is crying out to explode to the upside. Time will tell and I got my position ready and steady. Even if I have to sit through the sp falling to $2 it wouldn't phase me in the slightest. A 15% drop is nothing in the grand scheme of things. But please anyone holding back for a "lower" price I encourage you to do so and sit back while the rocket takes off.