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Bullboard - Stock Discussion Forum Coeur Mining Inc CDE

Coeur Mining, Inc. is a precious metals producer. The Company has four wholly owned operations: the Palmarejo gold-silver complex, the Rochester silver-gold mine, the Kensington gold mine and the Wharf gold mine. The Palmarejo gold-silver complex is located approximately 260 miles southwest of Chihuahua, in the state of Chihuahua in Northern Mexico. The Rochester open pit heap leach silver-gold... see more

NYSE:CDE - Post Discussion

Coeur Mining Inc > Shorts increased by 500 000 or 8%
View:
Post by EdwardBlake on Jun 13, 2020 11:46am

Shorts increased by 500 000 or 8%

Coeur Mining Inc
$ 4.92
CDE
-0.03
view
Short Interest Ratio (Days To Cover)
0.9
Short Percent of Float
%
Short % Increase / Decrease
8 %
Short Interest (Shares Short)
6,510,000
Short Interest (Shares Short) - Prior
6,050,000
view
view

We saw a mini sqyeeze where the algos scrambled to cover after silver jumped 60 cents Wednesday. We could easily get another short squeeze that will rapidly revisit $6. All it will take is 1 or 2 decent upticks in silver and CDE will rise like a balloon held underwater.
Comment by jimdines1234567 on Jun 16, 2020 12:52pm
Really seems like there is some short side manipulation going on here today at this time, Why?
Comment by EdwardBlake on Jun 17, 2020 4:17pm
CDE is the most blatantly manipulated stock I have ever seen. I estimate that 90% plus of the volume is algorythmic trading selling shares back and forth to spoof the price lower. You can recognize the algo because they will always have thousands of shares on the bid/ask and always 1 cent apart then the meticulously side-step the price down.  Spoofing (finance) From Wikipedia, the ...more  
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