Its unfortunate people allowed the MM's to cover at such cheap prices. Yet I do not think they are nearly done. One of the best parts about the upcoming dividend is that all shares must be accounted for. Keeping track of the daily FTD's shows an immense discrepancy between the share structure and the amount of shares being traded. There are ghost shares out there that must be bought before the record date. Part of why CMSI ran from .15 to $1.15 was because of the short position that had to be covered for the dividend. I would not be surprised if another situation like that occurred. Good thing is I think most people are long on this stock and they will not be able to cover down here for much longer. Also Prop 19 was always a win win situation for CBIS. The amount of coverage given to medical marijuana was the highest it has ever been. People see that marijuana is now a "when" not an "if" and will start looking to invest in this billion dollar industry. And in this industry, CBIS is taking the best route to maximize $$$. It's about the medicine!!
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