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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

OTCPK:ARNBF - Post Discussion

Arcan Resources Ltd > 9.5 Cents
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Post by barneymillar on Nov 19, 2014 6:32pm

9.5 Cents

The people that all of you negative thinking (iroctsxv excluded as he is incapable of thinking) people should be slamming are the short sellers. I suspect that is Scotia plus other institutions or debenture holders. They have pushed the price down to where it is. ARN has a total lack of interest from the market. Their Q1 wells are excellent and all of their metrics are positive as per the Q1 and Q2 quarterly reports but the stock sucks. That spells manipulation and it is not insiders that are causing this as their trades have to be reported. I understand the anger but be realistic in your criticisms!
Comment by Shoulders on Nov 20, 2014 12:01pm
How do you short a stock at $0.10? What broker will do this trade? How do you borrow a 0.10 stock to ensure you're not bought in after you fail to deliver? I know everyone wants to blame everyone else and the 'shorts' are an easy target but borrowing an unmarginable stock is pretty tough.  If I recall correctly any stock below $3 is typically not margin eligible.  Meaning ...more  
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