Traxion Sab De Cv Ord Shs GRPOF

Tbp make it top 4 shorted stocks

[Stockthoughts]

https://smallcappower.com/top-stories/canadian-marijuana-stocks-short-sales/
if I don’t know about you but if you borrow something from someone, one day you have to return it.

[Rockyciano1]

Yepp. Totally agree. And this will happen soon

[Infernol480]

Agreed. A nice short squeeze is soon to happen. Tetra has been moving forward in a professional manner. I'm surprised yesterday's news didn't move the stock into the low .30s. Tetra Bio-Pharma Inc. ("Tetra" or the "Company") (TSX-V: TBP) (OTCQB: TBPMF), is pleased to announce that its wholly owned subsidiary Panag Pharma Inc. has received a repayable

[abacin8]

There will be no short squeeze. All the shares shorted recently are against the shares in the latest new unit issue. 

[SmallCapStock]

Safe to say that some will be covering with shares from the new unit issue but there are other shorters that didn't participate in the prospectus that jumped in too that will be covering. While not a big short squeeze there likely will be one. The sector should be rebounding next week so I like the chances that this moves up as it should out of oversold territory.

[ledrog]

TBP is on the TSX Buy-In List for delivery failures...which means short sellers haven't been delivering the shares they've been selling, typically its referred to as naked short selling: Click here to view the resport: https://www.tmxmoney.com/en/research/buy_ins.html The link to the report is at the bottom where it says:  Click here to access the most recent daily list of

[SmallCapStock]

The CDS handles these shares to ensure their transactions are remedied and complete. To put this in perspective, the 700k shares that are on this list is only 1/10 of the approximately 7 million shorted shares that will have their positions covered.

[ledrog]

I have no issue at all with short selling....I agree with the sentiment that it is an essential element of the market as it increases liquidity and moderates volatility.   Short interest here up for trades settled up to June 30th actually comes in at over 7.8 million.  Before going short bears are supposed to make 'positive determination' that the shares they're dumping

[abacin8]

Yes, I know. It's because the shorts haven't likely had the units split yet, so they don't have the shares to deliver. I imagine they should have them on Monday and they probably asked for an extension so they wouldn't get bought in.

[ledrog]

There was already at least one forced buy in last week, I cut and pasted in the trading activity.

[abacin8]

Yes, tiny, likely from someone who didn't ask for or was unable to get an extension.  I this type of trade all the time. Not in this case, I didn't short against my units.

[abacin8]

*make

[indaknownewfie]

Nakerd short sellinfg is illegal in Canada N'est ce pas?

[ledrog]

If naked shorting was illegal we'd need to build another big jail....check that TSX-Buy in list every day and see for yourself how many companies are on it, ususally at least 5 or 6 for each of the TSX and Venture exchanges, although at 700K+ TPB is far away the one with the highest level of delivery failures right now.