RE:RE:RE:QuestionClownLash, the last person anyone should take advise from is you. You have been talking about this imaginary short squeeze since share price was over $70+. Stop your nonsense. You are a clown that have cause people a lot of money on this board over the last 3 years. So I would advise people to not take this kid seriously. Just read his post history, just an absolute joke. His constant short, short squeeze nonsense since $70+. Lololol.
Anyways as far as this pump goes, they have a good few days to keep the pump going but just remember they will announce this reverse split any day. So watch it close. Keep any eye on the volume and the share price. If the pump starts faltering, and you see huge dumps wtih volume be sure to get out along with the smart money. Otherwise be ready for a good 20 to 30% haricut before the markets even open. Cheers.
Canopy’s Strategy
To address the non-compliance issue, Canopy Growth has outlined a strategic approach.
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The company intends to seek approval from shareholders for a share consolidation plan during its upcoming annual meeting on September 25.
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The proposal suggests a consolidation ratio ranging from one post-consolidation common share for every five to 15 pre-consolidation common shares. If approved, the company's board will have until September 25 to execute the consolidation.
Moreover, Canopy Growth may consider implementing a reverse stock split to regain compliance.