RE:RE:issuer bidShort interest isn't high tbh. Even if float is 40 million shares, short interest is what 2 or 3%? Overall maybe 1.5% of shares outstanding total? Might be a preemptive move. At least that would make some sense in my opinion. Lead times are shrinking to 3 weeks from the 12 weeks we saw in the summer. Spot Steel prices have fallen by $172 USD/st in 3 weeks. Even though Stelco has long term contracts, the stock price and how they negotiate those contracts is definitely sensitive to the spot market steel prices and the forward curve. They could see some upcoming weakness and they want to be ready with the SIB for 10% of shares outstanding if the price falls to $33.