RE:RE:Anyone care to predictmalx1 wrote: lou64 wrote: Once consolidation is completed with the commencement of these shares trading as of Dec 20, 2023
exactly how long will it take the Short Traders pound Canopy's share down ???
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Back down to being non- complaint once again and company will not be able to fulfill their DEBT obligations .. Canopy has gone straight down a financial hole that has a very good possibility of NO RETURN or viable means of acquiring financial help due to absolutely NO ASSET base to draw from as collateral.
A week / two weeks / a month or within 10 business days ??? The Shorters will pound this back below that dollar threshold in a heart beat cause Klein opened Pandoras Box
Shorting equities in Canada is a passive undertaking.
It's not short sales impacting price, it's hordes of people selling this garbage whiles there's no supporting bids.
Air is out of the balloon and now you see how fast speculators fall.
As "nice" as you would like to think Canadians are the TSX is a haven for under-handed hedge funds who take shorting stocks to a new level.
Maybe Americans do not realize this however Candians with experience trading on the TSX have either figured it out already or have been taken advantage of by these guys.
If you research "DOJ / SEC Investigation Short Seller" you can learn more. Additional rules and regulations have been rolled out to restrict these guys and increase their reporting requirements and guess what... the crooks are crying about it *lol*
Will be nice if a few of those groups go *POOF* in a massive Short Squeeze that puts them on the street just prior to them being put behind bars.
(that's my politically correct / kind view on the subject)