RE:Reverse Splir.Jettthro wrote: Reverse Split is obviously to continue having this stock shorted. A reverse split won't benefit shareholders. Only management and they're shorting team. Aurora did the same 3 years ago. From 50 cents, to (1-12 split) 6 dollars. Now shorted back to .60 cents. Or a nickle. Pre 1-12. Remember, Canopy Managemt can't make a cent if their stock goes up, (something to keep in mind) they can't sell they're shares. But yes, they can profit from having them shorted. For every 2 tenths of a cent they make shorting, share holders lose 1 dollar. Which is basically, 2 cents per 10 dollars, 20 cents per hundred, 2 dollars per thousand. 20 dollars per 10,000, 200 dollars per 100,000. Just think, for every 100,000 dollars shareholders lose, Canopy Growth and shorting teem, can take family of 4 out for a nice dinner!! etc.
Much of the compensation realized by Management is through share compensation. You may want to look into that. It is to the advantage of Insiders to see higher shareprices.
BTW, I was monitoring ACB on the 12:1 consolidation. The SP jumped 250% the following day, yes, it did give that back but it occured none the less. You can go back over the charts for that date to see the spike.