Post by
integrity11 on May 10, 2024 5:39pm
Shorters Getting Out Today - large Volumes Accumulated
9.2 million shares traded today, but almost 8.7 million traded in positive. The first trade of the day saw 7.1 mm shares trade at 67.56. Then the shorters and hedge funds worked together and managed to bring price down to $65.09 with only -600,000 shares trading in negative. Some company/fund is accumulating large volumes of shares in the past week? Seems to me something is going on and shorters and hedge funds (on wrong side) are not going to win imo.
Comment by
yanga on May 10, 2024 6:51pm
Citadel(Ken Griffin), shorts most of the mid- lage caps in TSX. I hope one day he gets wiped out.