Cannabis Strategic Ventures (NUGS)

[miestro]

Imo the Float here is to low to suffer a “bubble burst or pop” for no reason. With the level of support they have on the low float my guess is the pps will continue to reflect the last wave of good news. May be a minimal dip from no news and the market settling off the last wave of good news, but that’s natural not a bubble bursting. Imo with the low float it’s going to get harder for MM’s to short this as more people begin bagging and holding for the next wave of good news. This easily goes to .15-.20 with that next wave so even new baggies at .11 going to make close to 50% and again imo more if they hold out for the wave after that.