First Majestic Silver Corp T.AG

What’s Up With The Short Position On First Majestic Silver:

[tictactoe111]

What’s Up With The Short Position On First Majestic Silver: Dave Kranzler, Chris Marchese, Rob Kient

https://www.youtube.com/watch?v=plXkBqzh6no

[BingoFuel]

Nice! I guess as they say, it makes no sense to be short. Perhaps the 8 million vol yesterday was a extended short position. Must be some big balls adding to it.

[tictactoe111]

Not so much big balls, just deep institutional pockets and a preference not to book the loss more likely. Many years back I knew a Credit Suisse trader that just kept feeding a hugely toxic position in GBP, for years with the banks support. Managed to get out in the 07/08 crash camouflaged by the chaos, HUGE loss. Back to the video I thought quite optimistic the comment about the tax issue

[JBoukis]

KN's LT goal of building FR into the largest primary silver producer in the world is moving along as he continues to execute, especially through some turbulent price environments. Seems the company is well positioned to take advantage of impending higher silver prices over the next few years. Man, their financials are going to look good in Q4 as most silver producers are printing money right

[oldfx1]

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