18 Comments

  1. One thing that I noticed is that CGC has bullish divergence on the weekly chart and daily chart right now and is still oversold on the weekly as of Thursday's close. With Cannabis 2.0, SAFE act (which benefits companies like CGC who own Acreage in the US), and PA, NY, CT, & NJ talking about how to legalize…I feel that the sentiment is shifting. The extremes to the downside have been way overdone on some names and it's time for stocks to reverse to a reasonable valuation with the US looking like it is getting much closer towards legalization.

  2. If the broker had to sell the trade/their shares after-hours, how & why would that cause a short squeeze? Wouldn't that cause the opposite effect of a temporary dump?

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