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Gatekeeper Systems Inc V.GSI

Alternate Symbol(s):  GKPRF

Gatekeeper Systems Inc. is a Canada-based provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. The Company uses artificial intelligence (AI), video analytics, thermal cameras, and mobile data collectors to inter-connect public transit assets as part of intelligent transportation systems in a smart city ecosystem. The Company’s platform-as-a-service (PaaS) business model is an enabling transformation to a video and data solutions provider for intelligent transit and smart cities. It offers mobile video solutions which integrate high-definition digital video (HDDV) with the global positioning system (GPS) for real-time vehicle location, time, date and telematics data, and provides a comprehensive 360-degree view inside and outside vehicles. Its wireless devices also provide real-time connectivity, streaming video, and vehicle tracking.


TSXV:GSI - Post by User

Comment by davewhoon Mar 31, 2024 8:33am
123 Views
Post# 35961570

RE:RE:RE:RE:Naked short selling in Canada

RE:RE:RE:RE:Naked short selling in Canadaas I understand it that method only works with legal short sales. Naked short shares are just made up out of thin air and are usually covered before they need to be borrowed or even be reported. Its been a problem for a long time. Many large international companies don't list on the TSX for that reason. 

Naked short selling is a notorious trading practice that has been largely banned in the U.S. and EU since the period around the 2007-2008 crisis. But that doesn't mean the practice still doesn't occur. Naked shorting is when a trader sells shares in some asset without first borrowing them or ensuring they could be borrowed. The aim is to profit from a decline in the asset's price by later buying the shares at a lower cost to cover the short position. This is different from traditional short selling, when you borrow the shares before selling them.
What Is Naked Short Selling, How Does It Work, and Is It Legal? (investopedia.com)
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