Fortitude Group, Inc. (FRTD)

[Hercules1]

that is exactly what happened.


did you notice the drop off in volume today? that also aided the cause of the shorts today.


but now the price is as low as it is going to get in light of this deal that is clearly happening.


so there are 2 reasons why the short volume will drop significantly tomorrow:

1. diminishing returns. they cant do anymore significant damage than they did today. stock will refuse to go down further.


2. buyers are likely to swarm the stock tomorrow.

3. they (shorts) also know a press release is coming so they could be caught with their hands in the cookie jar.


there are not too many values to be had right now in the cannabis space. only 22% of the stocks were up today in the cannabis sector. and most of those 22 stocks were shit stocks.


buyers see a value in the deal. its the best deal going right now.