RE:Shorts are getting fried There is no borrow available on these types of micro caps. So this isn't about shorts getting fried. The cdn brokers aren't putting microcaps on their lending desks as it creates more trouble than it is worth due to the volatiity and potential for margin issue. Too many folks on Stockhouse talk about shorts and /algo trading when this isn't happening in cdn small/micro cap world. Trust me.
SIR is about making an adjudication of whether or not they can stay solvent. I believe they can . But you need to carefully read all the statements from sedar. My downside is $0. My upside is 3-4X7, my investment. Many don't like binary outcomes with a zero on one end of the spectrum.
Should be a small amount of your investing $$.
for those interested, keg royalties is also interesting. Has underperformed associated company recp.to (owns keg operating business) dramatically over past few months . No interest, no liquidity. When this has happened historically, the trust usually bounces back strongly. Today is one of those countertrend days . Plus they still pay a 6 percent dividend (reduced 70 percent in April) which was almost covered in the June quarter (where most restaurants were closed), due to the keg loan payment. Good brand recognition in Canada and older folks like me like the continuity of menu and service quality.
lots of other restaurants and REITs I wouldn't touch with a ten foot pole. Be discerning and read the sedar reports...