Canopy Growth Corp T.WEED

Evidence Suggests Hedge Funds will Buy their Shorts Back...

[quinlash]

Not a rumor in the slighest, observing this stock and the trading patterns you have a whale hedger on this one who is under contract to buy shares (cover their short). 

The Fed announced today another rate hike which may motivate that hedge fund to start the buy back / cover process sooner than later.

Considering where the bid / ask is I highly doubt they can cover back on all those shares without making a notable increase in the current shareprice.

WEED is up TLRY is down...  WEED likely has the larger short to cover

JMHO

[yp01048]

CGC should be getting their 30 day Nasdaq delisting notification any day now.. it's known, but the market may react negatively.

[quinlash]

They may get a warning but they are not being delisted, price needs to get up over $1 USD within 180 days after a warning.  The company would have the option to consolidate shares (worse case) in order to come back into compliance within that time period. 

[yp01048]

Yes I agree that they won't get delisted. I am just hoping given the upcoming catalysts that it goes over the $1.00 for ten days fairy soon if we get action on safe etc . chart is looking a bit better, but as we all know that can change pretty quick.

[Matteo1234]

Pappy. WTF happened to Canopy. Last time I checked it was $10 billion mkt cap. Now 500 million, ? Ratsass. Is this the buy of the century.? Opinions Please. Is Constellation Brands still involved? Stayhard

[OptGreen]

You are a good man quinn, most will never have a sniff of what, how or when, nor even until, because it is happenning and has happened, just not to it's full potential for the most part by far...but for many it has and will for many more to come. Big things changing stateside, when the folks get their country back, the growth will be mind blowing and across the board. They will be cleaning up