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Short Squeeze of the century
Get ready for the cannabis dead cat bounce. Despite STILL being overvalued, they are extremely oversold and the short interest is extremely high (short interest of 30% is INSANE).
If prices recover any further on this very high volume, short will be forced to close, effectively buying back their shares and pushing this even higher.
If prices recover any further on this very high volume, short will be forced to close, effectively buying back their shares and pushing this even higher.
註釋
CORRECTION: the short VOLUME is 33%. The short interest is closer to 11% for CGC but remains very elevated at 20%+ for companies like CRON and ACB.
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