TSXV:HRE.H - Post by User
Post by
TrickyGameon Jun 13, 2019 1:11am
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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