Since the IPO, Leafly has lost over 99% of its value.
Leafly's management team throws shares at retail investors on a monthly basis and feeds the short positions of hedge funds.
As long as Leafly continues to get beat up by hedge funds, prices will continue to fall.
There is steadily more selling than buying. The demand is very low.
In the long term, the stock...
Is rising volume suggesting that news are coming?
It is merging with Leafly Holdings Inc. ("Leafly"), the world's leading online cannabis discovery marketplace and resource for cannabis consumers.
Near to NAV, small risk.
News or successful combination could send the stock higher.
Trade with risk management and always set up a stop loss.
www.leafly.com
