Options market activity tied to the "nndm stock price forecast" points to increased call buying, indicating some traders are positioning for a rally, possibly linked to anticipated M&A rumors within the 3D printing space. The current rally is based on pure speculation around the legalization of marijuana at the federal level. CGC has little to offer its investors otherwise, mostly missing top-line and bottom-line estimates over the past several quarters. Its losses are piling, with its free cash flows at a negative $71.8 million on a trailing twelve-month basis. Moreover, it recently sold off its corporate headquarters while placing a key operating segment under creditor protection — need I say more? “In the third quarter we definitely saw that rotation and some of the tech leaders lagging. In the month of September alone, though, it kind of reversed a bit. … I think that particular rotation out of the big momentum stocks maybe didn’t finish the quarter as strongly as it started,” said James Ragan, director of wealth management at DA Davidson. Short interest trends in the "nndm stock price forecast" show slight declines, suggesting some bearish traders are covering positions, possibly due to anticipation of strong Q2 guidance.
