Post by
Jettthro on Feb 07, 2024 1:16am
Don’t Be Foo
Canopy stock is still being heavily shorted. Reverse split helped with profits. Remember, 10 cents equals 1 cent pre split. Klein and his team are still cashing in. Like I said before, a reverse split only helps Kleins shorting team. Klein also determines the share price, everything benefits him. Nothing for shareholders. Any positive news for Canopy Growth would lose for shorts. But never happens. Klein only offers negative news. Wonder why. 99.3 percent down in the last 3 years, reverse split, all helped shorters, and Klein. Beware. This is a heavily manipulated stock. The most heavily shorted stock on the North American markets. Guinness book of worlds records is showing interest. Financials coming up. Take a guess of what will happen. Reverse split put this stock to 7.50. Now at 6. Another 20 percent decline. Another 20 -40 percent decline coming. And again, David Klein won't lose a nickle. Still receiving salary, plus his bonuses, plus his shorting profits. Like he once said, Hes not in the least bit interested in the share price. Cause it always comes down. The same as investors in the 1920's. They weren't concerned about the share price, cause it always went up. Cheers! Good luck to all.
Comment by
Apprentice on Feb 07, 2024 6:41am
Is it a coincidence that the chart of the other market players e.g. Tilray, ACB and others looking very similar over the last 3 years or have their CEOs also massively shortet the stock?
Comment by
quinlash on Feb 07, 2024 9:05am
IMHO insiders would never sell short, that would be called a "career ending move" as they would likely never get hired by another company ever again. I think the topic is just conjector
Comment by
quinlash on Feb 07, 2024 9:09am
Sorry but you are wrong. The shares trade for face value and all historical charts are adjusted to account for the 2023 consolidation. Go open a chart and look for historical max shareprice and you will see $700 Canadian in there. This is done to address the fundamentals as to where the shareprice would have been back then had the share count was as low as it is today