Wild chart here but a massive short interest, insane amount of options on the table, earnings Pre-Market Monday (bullish), and a very beatdown stock that is known to rip.
Depending on what GME does on Friday, I will put on a YOLO position on this one. Already have $9 and $30 calls.
And again, this is under $8... Literally has a firework up its you know what.
My highest conviction play.
With this pullback, I think CGC is setup well with the possibility of earnings catalyst and or legislation on Cannabis. Looking for a big move before July is out. PT $70-80.
CGC introducing beverages will be a hit.
Check out articles on CGC's beverages.
**Opinion only, Not financial advise. Invest at your own risk.