RE:RE:RE:RE:RE:RE:RE:Stock PriceThere's a heavy short presence in the stock trying to cap and force the price down to cover. We won't know how large the short interest is until after October 15th. My suspicion is we're looking at around over 1 million shares short.
I'd think there would be much better shorting opportunities in the Gold mining space than Aris. They have substantial positive cash flow, large access to capital to develop mines so no new issuance of stock to dilute the stock.
The short sellers are likely hoping US CPI/PPI will come in hot next week causing the USD to soar and Gold to pull back sharply.