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Bullboard - Stock Discussion Forum Avicanna Inc T.AVCN

Alternate Symbol(s):  AVCNF

Avicanna Inc. is a Canada-based commercial-stage international biopharmaceutical company. The Company's scientific platform commercializes over thirty products across various market segments: Medical Cannabis formulary (RHO Phyto), Medical cannabis care platform (MyMedi.ca), Pharmaceutical pipeline, and Active pharmaceutical ingredients (Aureus Santa Marta). RHO Phyto formulary offers a diverse... see more

TSX:AVCN - Post Discussion

Avicanna Inc > Naked shorts on Avicanna
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Post by Shaft4300 on Feb 05, 2022 7:39pm

Naked shorts on Avicanna

Did the parties shorting Avicanna (Naked Shorts) all covered by now. Guess it was a good call to short from over 1 buck and cover here. What disturbs me the most is that the Founder who was fired would have known this and yet he gave the acess to his cheap shares at current levels..Could he have been a part of this and over the years was allowing this to happen and the fact he had these shares he could have given them to the guys shorting the stock. In essence he was providing a back stop.I wonder if the Securities exchange could look into this.If there was any collusion this guy should be put in jail .This is so troubling that he would do this especially the halt that the company had to go through by the exchange..Guess we will have to ask the OSC about this..Not sure why a Founder would do this especially as the company hopefully seems to be doing ok...Can someone please reflect on this, maybe da greedy analyst may have some input as he seems to be knowledgeable aboit the company and it"s shareholders.Let us hope for the best and see this company successful. We need good successful canadian stories .
Comment by Hopeful123 on Feb 06, 2022 12:41am
Wow..I wish I could offer some feedback but it would be better if we can hear from someone else since I have said so much in the past..Looks like more than 79 people have read this post so why can't a few of you respond..let us jail the guilty ones or call the OSC ..we need to deal with this situation especially if the founder or someone else from inside is involved in trying to bring Avicanna ...more  
Comment by Dagreedyanalyst on Feb 06, 2022 4:55pm
Anything is possible but I think you are giving him too much credit for such a small number of shares and such a small company.  He seems like an agry guy who he is selling out fast is my guess and with market conditions and cannabis sentiment being what the bid is at a low price, that's all. At the end the company will likley prove him to be wrong for selling here and he will be the guy ...more  
Comment by Shaft4300 on Feb 06, 2022 5:59pm
Too bad it would have been nice to scew the likes of Anson and others....Ideally if genuiune shareholders can step in and do some buying the stock will be in good hands and the shorts would be punished..I did a few purchases under 60 so it would be nice if others like me would step inand support the stock..So please step in and BUY and piss in the shorters.
Comment by Hopeful123 on Feb 07, 2022 4:56pm
Great consolidation today..we slowly march higher.
Comment by Hopeful123 on Feb 07, 2022 4:58pm
Great consolidation today..we slowly march higher.
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