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Bullboard - Stock Discussion Forum Bedrocan Cannabis Corp. V.BED

TSXV:BED - Post Discussion

Bedrocan Cannabis Corp. > Strange theories considering
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Post by CommonCentsforDollars on Apr 27, 2015 11:55am

Strange theories considering

the Short Position has fallen off to near nothing as per April 15th's report..


Short Positions for BED
Symbol Report Date Volume Change Shares Issued % Float
V : BED 2015-04-15 4,900 4,600 69,170,500 0.01
V : BED 2015-03-31 300 -434,100 69,170,500 0.00
V : BED 2015-03-15 434,400 102,600 69,170,500 0.63
V : BED 2015-02-28 331,800 -29,800 69,170,500 0.48
V : BED 2015-02-15 361,600 -83,500 69,170,500 0.52
V : BED 2015-01-31 445,100 69,800 69,170,500 0.64
V : BED 2015-01-15 375,300 -88,613 69,170,500 0.54
V : BED 2014-12-31 463,913 27,300 69,170,500 0.67
V : BED 2014-12-15 436,613 -191,100 69,170,500 0.63
V : BED 2014-11-30 627,713 89,388 69,170,500 0.91
V : BED 2014-11-15 538,325 191,100 67,500,000 0.80
V : BED 2014-10-31 347,225 -195,375 67,500,000 0.51
V : BED 2014-10-15 542,600 280,300 67,500,000 0.80
V : BED 2014-09-30 262,300 -50,700 67,500,000 0.39
V : BED 2014-09-15 313,000 -230,300 67,500,000 0.46
V : BED 2014-08-31 543,300 543,300 67,500,000 0.80
Comment by ChupacabraBueno on Apr 27, 2015 1:06pm
2 questions 4U: Do you see this apparent capitulation of the bears as a bullish sign for BED? & Where are you looking up the short positions? Thanks!
Comment by CommonCentsforDollars on Apr 27, 2015 1:46pm
I am not sure what to think, short position dropping is surely a great sign but the SP is still flat lining. Bed has been going sideways for quite some time and when they obtained the official mmpr license for their facility in Canada I would have thought that would have beed a whopper of a catalyst, however it wasn't so much and was extremely short lived at that as it didn't even last two ...more  
Comment by Tweedlede on Apr 27, 2015 3:37pm
Revenue and client numbers.  Thats all that matters this late into the game.
Comment by frankie1122 on Apr 28, 2015 11:00am
This post has been removed in accordance with Community Policy
Comment by Skater on Apr 28, 2015 11:15am
I don't think their client numbers will be that great as they are limited by their import products, no domestic production. I'd be more worried about cash. Oct FS indicated not enough cash on hand to complete projected CAPEX. They brought in $2 m from landlord but I think they're going to find domestic production is going to chew up cash fast. More dilution or they'll have to look ...more  
Comment by cobills on Apr 28, 2015 11:49am
Good post frankie1122.This company does not care about the shareholders .Companies usually provide guidance to help shareholders.These clowns will probably dilute the f.. out of this company.                     They will probably halt the company again to announce earnings and a equity deal.It will be a long time before thay gain the trust of ...more  
Comment by Tweedlede on Apr 28, 2015 12:16pm
Theres a whole bunch of assumptions in this post.  All of which are irrelevent to the long holder.  BED is a buy and hold stock.  Do I think this thing will blow to the moon on Q4.  No.  Do I think this thing will be worth a whole bunch more this time next year. You bet your bottom dollar I do!    If your looking for a flip, there are so many better places ...more  
Comment by ChupacabraBueno on Apr 28, 2015 11:57am
I think we can add burn rate in addition to revenue and # of clients, as a number that is critical to the SP. The really big news of which you speak, that would result in a decent leg up could be anything that would indicate that the burn rate can be managed without further dilution. As we continue to wait for financial results, I think fear is building that BED has no such news to release. They ...more  
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