Newstrike Brands Ltd NWKRF

Short

[SKL6600]

Ian it possible that people are actually shorting this? Would seem way to risky to me but maybe that could be a thing. Why else could is possibly be dropping?

[Icediesel]

At these prices, it makes no sense to short unless you love losing money haha. Otherwise I'm sure they are gonna have to cover soon or be part of the ride up while they lose money. I know I couldn't resist picking up another 30k shares at .40 cents. More and more investors are going to see this as a steal and the shorts will be scrambling and panicking and be forced to buy.

[mozzarella]

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[quinlash]

The volume could be from a short taken out at .50 or higher and the shares are just coming back onto the market now. Shorting from the low .40's when the 52 week low was .35 seems unlikely but you never know, if someone has knowledge of something negative occuring, or reason to suspect, they could be shorting it even from here. The company financials, provincial agreements and RBC

[StopTheInanity]

In short (no pun intended), the shares are in "weak hands"...these shares appear to be in fast money accounts; not real money accounts. Which means, they are not being accumulated by real money investors...and the fast money acoounts (including institutional traders, who trade on margin...) are weighing on the stock, due to the lack of broad based buying, and distribution, and thier cost