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Jamma2011

10/01/19 7:24 AM

#58081 RE: GE_Jim #58080

I think you have to simply look at the short volume with this company right now...l it’s 30% in the last 30 days and that’s the average it’s been 50% multiple times or close to it... that’s what’s driving share price down but also... shorts eventually have to cover and buy back in open market... any news will see shorts scrambling for the hills... this stock sat at 4 and above for a long long time suggesting it could easily go back there with a bit of positive news meaning shorts could be squeezed for 100% and more... they are playing a very risky game... they are playing on the fact that there hasn’t been much positive news for company and overall in the market there is legal issues, bad cbd companies and cannabis companies in general being down has given negative or at least sluggish market sentiment. This will change with news. Banking act was step one of a three step process to get it written into law.