Sylogist Ltd T.SYZ

450% payout of dividend...no wonder they cut it

[88guy88]

Bolton on BNN right now...his comment.....very competative market.....he said there is a large short position of 17% of shares

[canaso22]

This post has been removed in accordance with Community Policy

[Mephistopheles3]

Just wanted to confirm this comment - I went on IIROC and pulled up the short position and did not find anywhere near that amount shorted.  I see 538K shares short which puts the short position at 2.25%, very far from 17%.  

[navajojoe]

This post has been removed in accordance with Community Policy

[88guy88]

Kim Bolton...a fund manager on BNN was the guy who said it not me.....he said 17% short and he was reading from his stat sheets.....so there it is!

[Mephistopheles3]

No worries, I get it.  Kim Bolton is a bit of a blockhead.  Just have to always validate and check what other people say.   Even a 17% short position isn't the end of the world - my gauge is around 20% or so.  Also important to track the changes in periods that are posted publicly.  In the last few periods, including for Nov 15th which was just posted, there hasn

[88guy88]

Probably a smart stragegy to layer in as it drifts down....$4.50 is getting tested and going into the end of the year its likely to keep on slipping with thin trading....likely the company will not be buying until and if it bottoms later in the year.....I think that is just a strategy on the company's part to keep the shorties at bay...they can use partially and cancel in part or full the