Quarterhill Inc T.QTRH

Shorts with inside info

[timclarkes]

The shorts are controlling the price today. The shorted shares has been closest to the highest it’s been all year and ahead of the Apple hearing and potential windfall. They likely new that this equity financing was in the works! No surprise it’s set to gap down.  Our market makers should be investigated. They controlled the run on the Motorola news, to allow them to be set up for this offering.

[cabbieJBJ]

Is this your assessment Tim or do you have some info/data?  The short interest on the OTC board was -92% as of 15-Sep-21.

[cabbieJBJ]

Morningstar data just went live and, as of 15-Sep-21, Canadian short interest was 1.08M shares, a +75% increase.

[Justhalffull]

There was no equity financing or any other kind of financing.  It was a shelf prospective allowing them to do something in the future.  The shares are down because they said nothing about the Motorola deal, and the longer they say nothing, the more the market thinks it's a nothing burger.  Weakness will prevail if they don't provide an update.

[Socrates1]

Timclarkes, This crowd do not speak your lauguage. Not an accepted topic. This board Only discuss happy dreams..... Naive to think that ppl on here think that they are smarter than those doing this for a living....... Live and learn folks. 

[Sportsr4u]

Have to agree with just halffull. No price or terms have been set on any offering. Just allows Quarterhill to issue shares, debt, etc. sometime within the next couple of years without having to receive further approval.

[100mill]

I expect that the short position will be reduced before the Apple case CAFC hearing on October 8. If the questions from the CAFC judges suggest a favorable outcome for Quarterhill, the share price will move rapidly giving the shorts little time to cover.

[timclarkes]

I think that we might have the start of a short squeeze. I think if they were in the know about the offering, they may of thought they were expecting more of a negative reaction.  But with the share price holding, and price turning positive, I hope there is more positives in the near future to cause them to chase the price.   These parabolic moves that v.g talks about often are

[v_guerriero]

Doesn't look that way, if you look at the TSX report leading up to Oct 1, the short position further increase. 1.480M or 18.0% shares traded from sept 15-sept 30 were short sales.  That would translate to another increase of 550k shares short. Interestingly, and as I suspected, it were the market makers that are now short.  You can see in the data that it was 998 separate