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Bullboard - Stock Discussion Forum High Tide Inc V.HITI

Alternate Symbol(s):  HITI

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international... see more

TSXV:HITI - Post Discussion

High Tide Inc > Where's the support !!
View:
Post by monte8 on May 23, 2024 9:56am

Where's the support !!

A few hundred shares shares were only needed to take the stock down from opening high $3.35 to $3.25.  Who's doing this??

I'm sure they'll walk the shares down to low $3's by the end of the day 100 shares at a time.
Comment by Pedal2themetal7 on May 23, 2024 12:21pm
With the low daily volume, and the company still somewhat unknown to the investing community, and institutional investors, the stock will be at the mercy of shorts, anymomous!!!!, etc etc, until it is recognized and the daily volume increases. the system is not designed for retail investors, who most of time end up at the losing end, unless due diligence  is conducted, the timing is right ...more  
Comment by monte8 on May 23, 2024 2:41pm
Thanks Pedal2themetal7! Yes, shorts, brookerages or investment houses that bring share prices with minimal shares to the point they want to come in at with a position.   I mean, If I did this it would cost me $9.99 for every 100 shares and loosing my shirt.  Bringing shares down like this could only be the undermining work of the shorts and professionals!
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