Post by
retiredcf on Jan 05, 2020 4:16pm
Fighting the Shorts
There was a huge increase in short positions within the MJ sector in the second half of Dec. CL has the second highest total at 12.8M although it only rose 9% over that period. On the other hand, OH now has the third largest total at 11.55M but it rose 71% over that timeframe. This is obviously why our SPs have been struggling but also raises the potential for a serious short squeeze on any positive news. GLTA
Comment by
Oldweed on Jan 05, 2020 5:20pm
Many possibilities for good news to come this year, quarterly results with positive cash flow, safe bank act, new partnerships with CPG to only name a few!!