TSXV:CLAS.H - Post by User
Comment by
JamesNeven1983on Dec 19, 2019 11:23am
73 Views
Post# 30472693
RE:RE:RE:Again 3 million on ask investors selling
RE:RE:RE:Again 3 million on ask investors selling Sounds like a Chanukah miracle to me **happy feet**
Belgiumboy wrote: Looking4Doubles wrote: edrose wrote: Sp not increasing
That's because people are trapped. For example, for every million shares they SHORT, it costs them $10,000 for every PENNY the price goes up (That's a LOT of exposure !), so they have NO CHOICE but to restrain the price increase and PRAY for bad news, at this point. If a deal happens, they will get wipded out, (could easily amount to $200,000-300,000 liability
PER every million shares !) so it's essentially an "ALL IN" move for the SHORTs at this point.
Couldn't happen to nicer people !
Looking4, agreed. Probably more than half the volume on the ask side is false - as soon as good news is out they will run for their lives