Post by
WeedTheNorth on Aug 13, 2021 6:43pm
I'm looking hard - need help
I'm trying to prove Constellation is lending their shares to disprove what I actually think is happening. I can't find a trace so far. It would explain a seemingly neverending ability to short this stock.
Alas, it's likely that Canopy is another rung on the infinite money, dark pool trade that is rehypothecation. And they didn't look close enough to see one extremely large, well funded shareholder of Canopy.
If Constellation isn't lending their shares then the float starts at 45% after accounting for only their shares. Shorts R Fuked
Comment by
WeedTheNorth on Aug 13, 2021 7:16pm
They like to outright own brands, their long term ambition is wholly-owned subsidiary as far as I can tell. How they will behave between now and buyout is up to their board.
Comment by
WeedTheNorth on Aug 13, 2021 7:29pm
Selling at lows is not the way :)
Comment by
Oldweed on Aug 13, 2021 8:07pm
It plays into the markets game if you do, but CGC SP price is almost back to the Metrum days so that would be dead money confirmed to sell now. Most are likely bag holding which certainly would be 1 way STZ could turn a day trader into a long term holder lol!
Comment by
Starsearcher80 on Aug 16, 2021 9:46am
WTN, you should NOT be giving advice at ANY time. But here's some for you. NOT selling at highs is not the way. This stock will be seeing the teens again. If you enjoy the ride down, and like to watch your $$'s dwindle, by all means, take WTN's advice. ;)