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Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company is transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Its subsidiaries include SevAmRus CJSC, Kutisay Mining LLC and Kashka REE Plant Ltd.


TSXV:HRE.H - Post by User

Post by TrickyGameon Jun 13, 2019 1:11am
100 Views
Post# 29821069

The shorts are getting wrecked

The shorts are getting wreckedThere was 30,959 shorts borrowed on May 22 price was $0.04I've never shorted a stock but I know about it in thoery. You basically borrow X amount of shares from a broker. Share price falls you make money share price rises you lose money BUT if you have to give the shares back after a set amount of time. IF the share price rises you not only lose money you have to pay back the differance.   Honestly I'm glad I never sold Stan's shares all these years ( been invested since 2016) I sold some when I needed money at the time but I always rebought what I sold when I had extra money. January this year was nerve wracking tho we were down to 0.015 cents I was starting to second guess myself it was hard to fight the urge to loss aversion but since then it's been a slow and steady stream of very postive news. Best case scenario Stan's is the biggest turn around story on the TSX venture of the last decade or more.

remember to do your own due dilligence or speak with a quailified  investment advisor 
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