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Bullboard - Stock Discussion Forum Chalice Brands Ltd CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root. see more

GREY:CHALF - Post Discussion

Chalice Brands Ltd > Volume up from yesterday, price is not.
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Post by daveinvestor on Feb 23, 2021 12:50pm

Volume up from yesterday, price is not.

It will stay this way or drift lower, and especially if people continue to sell into the bids. Not a lot of good reasons to do that and those might be:

1.) day traders

2.) conversion of debentures to shares

3.) Active traders and large block sales creating downward momentum. 

4.)  just plain stupid.

Comment by WSBfanatic on Feb 23, 2021 2:01pm
dave you already know this stock price is controlled why are you even questioning whos selling. Convertible arbitrage. Thats your answer. The fact that you still dont see it makes me think youre one of them
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