RE:RE:RE:NOT SHORTSargentia77 wrote: Stockcoach1 wrote: Correction that should have read ...just over 250K shorts
Isn't the 250K just for the TSE listing?
CXR (TSE):
| Shares Short (as of Jan 18, 2016)3: | 244.02K |
| Short Ratio (as of Jan 18, 2016)3: | 0.49 |
CXRX (NASDAQ):
| Shares Short (as of Dec 31, 2015)3: | 1.58M |
| Short Ratio (as of Dec 31, 2015)3: |
Yes, he trades here in Canada and was probabily referring to the TSX. But from my paper notes I also have written 2.5M. So this could be current (Fridays) TSX & Nasdaq amount combined. Need to re-visit this. If that is the case, then that is around 5% of the total shares outstanding ...or volume of one full week. Keep in mind that 1/2 of all the shares don't trade and are being held. So manipulation with this scenario is entirely possible and easy.
I expect these numbers to drop as we get closer to Q4 results.