RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Margin Call timeThe 100k buy order at 1.90 could have been a short cover...disappeared so fast i didnt see if that was the order that market buy ordered alot and helped YGR push 2 bucks the first time today.Look like through Cannaciord. A paniced short would do 100k.
And YGR could gain some new shareholders or expanded shaeholders as some people can margin YGR starting at 2 bucks.
Shorts are thus going to really fight to keep this out of 2-2.10 range. Shorts dont want to see longs have the ability to margin and buy...so yeah some of the 3.8m will be hard to shake. But if this trades at 2.0-.2.10 solidly for a few days...it does become interesting from that persspective...as I think the shakeout in that scenario increases at a faster pace.
BadShituation wrote: We are up 7% on half a mil traded. 3.8 M wont be easily shaken out of the tree this late in the game. Regardless, shorts deserve their lashings.
However, as it has been, the upwards trajectory will be dependent on prices being favorable and managments performance. A nice well would also help, get something good out of that rig.