Article By:
Lorimer Wilson
Saturday, May 4, 2024 5:00 PM EDT
The cannabis sector dropped 18.8% in the last 3 days and it probably has further to go, based on historical data.so the question now is how much further it will drop before stabilizing. Time will tell. Stay tuned.
Aurora Cannabis Q3 Financials Unimpressive: Stock Declines
I have not been a fan of #Aurora. $ACB stock has been unimpressive for the last 2 years:
Is it Finally Time to Buy Marijuana Stocks?
#Marijuana stocks: yes, $ACB: No
Canopy Growth (CGC) Stock Chart Breakout Alert
$ACB False Breakout.
November Performance Of The Market's 15 Cannabis ETFs Ranged From +6.1% To -14.4%
You have seen the lows this year for these stocks... Good news! …. Massive short squeeze rally in cannabis stocks may be coming to a neighborhood near you!... short interest:
$CGC – 21.22% - Canopy Growth*
$ACB – 17.36% - Aurora Cannabis
$GWPH - 17.15% - GW Pharmaceuticals
$CRON – 31.27% - Cronos Group
$TLRY – 35.93% - Tilray, Inc.
$APHA – 14.70% - Aphria, Inc.
$HEXO – 13.74% - HEXO Corp
$OGI – 6.79% - Organigram
$VFF – 9.84% - Village Farms
$NEPT – 15.60% - Neptune Wellness
The hedge funds, vulture funds, and the hack money managers ARE SHORT, they SOLD SHORT BILLION$$$$. Even shares in the marijuana ETF's are sold short, ETFMG (MJ) Alt Harvest Fund ETF and Horizons Marijuana ETF SOLD SHORT. Well, there is a new Sheriff in town, he's called the long shareholders, show 'em who's boss and send these rodeo clowns packing.
WAY TOO MANY SHARES SOLD SHORT, THE SHORTS WILL HAVE TO BUY BACK BILLION$$$$ TO COVER...