North American Cannabis Holdings Inc (USMJ)

[miestro]

IMO any form of squeeze would heavily rely upon the # of floats left. The quarterly report should be an interesting read. But I would think supply and demand would play a huge factor into any form of squeeze. If theres roughly 2 billion unaccounted for shares at market, I would think getting a squeeze from that may prove to be difficult.
Also IMO the sentiment of the holders is a determining issue as well. If many of the shares are being offed as shorts (driving pps down) or even just for minimal gains(when there's any form of climb in the pps. Imo this sort of activity would delay accounting for all the floats.) If theres a ton of people content on making 25% buying at .0003 or .0004 and turning them instantly for .0004 or .0005 and the float is not being absorbed I feel it could take a while to get enough shares into peoples hands who would hold long which could be delaying any major increase in the pps?
It's been 100% sideways since I got in. I'm going long n holding my breath to see what happens...