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Bullboard - Stock Discussion Forum
Gold Canyon Resources Inc
V.GCU
Metals & Mining
Gold
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TSXV:GCU - Post Discussion
Gold Canyon Resources Inc
> shorts
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diabase1
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Post by
diabase1
on May 09, 2012 3:11pm
shorts
Boyon: why do you say that shorters are not a big part of GCU's price decline? Explain!!
(0)
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boyon
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Comment by
boyon
on May 09, 2012 3:42pm
The short position on GCU is relatively small in comparison to other gold companies so I do not see shorters attempting to knock this one down. May 7 would have been a good day for shorters to push the stock down but it held up very well. I did see larger sell orders coming up at the end of that day and this may have helped with the quick push down to under 1.50. Shorting does not
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