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Welcome to the Cannabis Investing Newsletter Forum. Feel free to find your favorite cannabis stocks and contribute content as you please; content that continues the discussion of and analysis of cannabis stocks. – D. H. Taylor

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short interest report from otsshortreport.com


Cannabis Investing
(@cannabis-investing)
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Joined: 9 months ago
Posts: 89
Topic starter  

 

 I think the lack of regulations makes it possible for competitors to short competitors  shares or hire someone to do it, which can cripple the competition, force them to sell company dirt cheap!

If insiders have to file and disclose and there are regulations/restrictions when they can do it, I think the same thing should be for short selling at the very least.

 Insiders are restricted when they can buy and sell shares, and I think that should be for short sellers too, especially if they are bashing the stock on social media or paying people, that should be disclosed so people know the motivation.

 

Historical Short Volume Data for VRNOF
Date Close High Low Volume Short Volume % of Vol Shorted
Nov 02 NA NA NA 605,599 359,270 59.32
Nov 01 NA NA NA 342,115 253,845 74.20
Oct 29 NA NA NA 214,002 132,058 61.71
Oct 28 NA NA NA 358,252 193,492 54.01
Oct 27 NA NA NA 241,402 116,326 48.19
Oct 26 NA NA NA 138,577 74,204 53.55
Oct 25 NA NA NA 255,983 129,768 50.69
Oct 22 NA NA NA 244,508 116,131 47.50
Oct 21 NA NA NA 439,615 282,907 64.35
Oct 20 NA NA NA 423,471 288,190 68.05
Oct 19 NA NA NA 339,574 180,761 53.23
Oct 18 NA NA NA 337,096 214,412 63.61
Oct 15 NA NA NA 412,958 232,923 56.40
Oct 14 NA NA NA 228,205 151,291 66.30
Oct 13 NA NA NA 153,146 86,593 56.54
Oct 12 NA NA NA 100,765 55,407 54.99
Oct 11 NA NA NA 86,186 48,644 56.44
Oct 08 NA NA NA 161,905 80,883 49.96
Oct 07 NA NA NA 134,753 95,938 71.20
Oct 06 NA NA NA 247,090 118,026 47.77

 


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D. H. Taylor
(@cannabisinvestingnewsletter)
Member Admin
Joined: 1 year ago
Posts: 260
 

@cannabis-investing Yes, but… the long run fundamentals will outplay these short-minded players.  


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Bill Moeller
(@nortonkingmanyahoo-com)
New Member
Joined: 4 months ago
Posts: 2
 

Can someone explain succinctly what shorting means and how it negatively affects stock price?  I,m not clear exactly what is being done when shares are shorted and why it affects value.  Thanks


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D. H. Taylor
(@cannabisinvestingnewsletter)
Member Admin
Joined: 1 year ago
Posts: 260
 

@nortonkingmanyahoo-com Yup... I can do it.  

A stock trader can short a stock.  What that means is that they place a bet that the stock is going to go lower.  What they do with stocks is they "borrow" someone else's stocks and they sell those stocks at the market price.  The first person still owns the stocks but, the short seller puts in a sell order.  If the price of the stock goes lower, then the short seller would profit when they exited the trade.  At the same time, the person that owns the stocks would see a decline in value in their portfolio.  So, this is a way to capture price movement.  

At the end of the day, or period, the short seller has to cover their position.  They would buy back the shares they shorted.  So, in essence, they are creating a new type of stock for that period of time.  Remember, the person who owns the initial shares always owned them; they never sold their position.  Plus, the company did not issue new stocks.  The only thing that happened was a short seller created a fictional stock trade that took advantage of price moevement.  And, they always have to get out, or "cover" their positions.  

If stocks suddenly surge, then the short seller may be required to add more money into their brokerage account to pay for whatever they lost.  If stocks go higher, the owner of the stock is gaining value.  But, the short seller is losing.  If there is a surge in price, you will see a ton of short-sellers buying back their positions.  This actually pushes stocks much higher, much faster, a la, February's price surge.  

We are all kind of waiting for this to happen.  And, when it does, it'll happen in the blink of an eye.  


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Bill Moeller
(@nortonkingmanyahoo-com)
New Member
Joined: 4 months ago
Posts: 2
 

@cannabisinvestingnewsletter

Thanks.  I guess the part that is confusing to me is that they don’t actually own the stock they are selling.  Anyway, as I understand it, the shorting itself does not necessarily affect the price either way?  It’s just the mad scramble to replace them if the price rises that could potentially drive the price much higher, possibly artificially.  And the more shares shorted, the madder the scramble would be?


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D. H. Taylor
(@cannabisinvestingnewsletter)
Member Admin
Joined: 1 year ago
Posts: 260
 

@nortonkingmanyahoo-com the short seller would actually sell shares he does not own into the market. He sort of borrows the ability from the brokerage. Imagine he has no shares in MRMD. He can sell short 100 shares. He would then have, in effect, -100 shares. He would buy back 100 shares and be back to zero. 


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Mark Barrett
(@mebarrettyahoo-com)
Active Member
Joined: 1 month ago
Posts: 12
 

I noticed that 75% of shares sold yesterday (11/19) were short sales.  Can someone tell me why traders would take a risk in a stock this strong?  I thought the goal was to single out weak companies and take them down.  One reason that comes to mind might be that the recent share unlock suggest that there will be a lot of selling taking the price down , and maybe these short sellers are riding along as the price drops with the sell off.  These short sellers are doing very well; I don’t think they are stupid.


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b17jayhawker
(@b17jayhawker)
Trusted Member
Joined: 1 month ago
Posts: 58
 

@mebarrettyahoo-com You are absolutely right. The people shorting aren't stupid they know what they are doing. I too was looking at the short interest, but on the CSE( cause Cannabis is legal in Canada) and the top 8 heavily shortest companies are all Cannabis....Now too me that's a massive broad sector short. Please use link below...

 

https://shortdata.ca/largest-short-positions

 

 


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