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bigboard

01/12/18 4:09 PM

#7534 RE: T-Tucker #7533

Covered my short at 7.8, next week there will be dead cat bounce, will short again

I am looking for bounce in Canada MJ stocks next week, now LONG in many Canada MJ stocks, will sell on bounce and short again

They are oversold short term
but gains will not last

MrRhino

01/12/18 7:46 PM

#7567 RE: T-Tucker #7533

The only way to offset shorts is lock up your shares at a huge sell price that way they can't be "Borrowed" from and sold back. There will always be Wrong betters at the dice table.
People don't like it but they make money on cold tables and loose on hot tables.
ACBFF is cold for now just like 148 other stocks in this sector that I am watching.
But ACBFF is huge in scope for the market and will probably be purchased in time by a bigger fish who comes along. There are five or six big/medium fish that are players in the sector. It would be nothing for a large Tobacco or pharma company with market caps of 100s of billions to absorb them all.
But the beauty of that is we are in now and the future is so bright ya gotta wear shades.
ACBFF LONG