TSXV:SLX.P - Post by User
Comment by
sunwoodon Mar 05, 2011 5:51pm
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Post# 18239011
RE: Short position jumped 225,000 in 2 weeks
RE: Short position jumped 225,000 in 2 weeks That's quite astounding, isn't it! But, you know, it convinces me even more that someone is trying to corner this silver junior market. Remember, it is such a small market and it doesn't take a lot of capital to muscle in and play havoc with any individual company's shares. Bullying at it's best!
I'm not on margin, and I don't use stop losses, so they can't flush me out! But someone sure as hell is trying, and it's not just with Silvemex's shares either.
What other possible reason could there be for the shorts to increase at this time when the price of silver is skyrocketing, and all the other signs are go?
The only other reason I can think of is that this someone, or these somebodies, are convinced that there will be a general stockmarket meltdown very soon. If that happens, even our silver shares will get pulled way down too. If you had skads of money to play with and that in mind, then shorting these stocks might make sense.
Anyway, I hope they really and truly get their shorts in a knot!!