RE:RE:Latest Short Report The sad answer to that is because it works. That 600000 short was recorded as of the 30th. Now look at the 700000 buy up on the 30th, thats half the shorts closing. So likely the real amount of shorts were/are closer to 1.3 mil+. They open the positions starting on the 15th/16th after reporting is submitted and try to close out before the next report is submitted on the 30th to hide the bulk of their activity because only the net difference is reported(see my previous posts explaining of the short strategy). The reason they do it is because it spooks the market into selling and the price drops and people that don't know any better toss their shares. The shorting started around the 16th of Oct right after the last report showed near nothing, and the price has moved from around 0.85 to 0.70 since. Again the sad answer of why they do it is that it works.
So just like I've been trying to explain to people, the only people selling in bulk are shorts and day traders, hoping that you and me get spooked and dump our shares and they pocket the 20% decrease or your shares.
Now one nice thing, if you noticed, is that when those big walls and shorts happen, there has been near identical buys by echelon and clarus. So the shorts are getting cooked from what I can tell. They sell down 600000 but there simply isn't that amount of shares to buy back at the .70 prices that they want/need to make a profit because of the massive buying pressure. Also if you noticed the same thing has happened with those big walls going up trying to force the price down, they've been getting bought up and there is nothing to replace them because clarus and echelon aren't giving them back. Thats why on the 30th our price spiked to 0.76 on some huge buys, the shorts and day traders had no choice but to pay up to close out and that is only going to get worse and worse for them.
YourWife wrote: reziak72 wrote: Still not split adjusted but up almost 10x two weeks ago
| Symbol | Issue Name | Shares | Net Change | Date |
| $SZLS.TO | STAGEZERO LIFE SCIENCES LTD. J | 681,866 | 612,963 | 6 Nov 2020 |
| $SZLS.TO | STAGEZERO LIFE SCIENCES LTD. J | 68,903 | -118,396 | 21 Oct 2020 |
| $SZLS.TO | STAGEZERO LIFE SCIENCES LTD. J | 187,299 | -383,511 | 6 Oct 2020 |
| $SZLS.TO | STAGEZERO LIFE SCIENCES LTD. J | 570,810 | -62,850 | 21 Sep 2020 |
Why on earth would you short a stock 1 week prior to Q3 earnings which should be the most profitable quarter of sz history...