Post by
HowdyBob on Oct 03, 2017 12:34am
31,000,000 in Short value traded
What the?
https://shortdata.ca/?c=nyx-gaming%20group%20limited-short-sales&sym=NYX.V
Comment by
HowdyBob on Oct 03, 2017 10:42am
Not something to worry about as its the Sept 15 to 30 data...but still what does it mean? weird numbers in comparison to the history of shorts
Comment by
GustavoFring on Oct 03, 2017 10:45am
I think it might work as the insurance for those who want to keep the shares w8ing for the white knight and want some protection as well
Comment by
rankininlet on Oct 05, 2017 12:33am
My thought is that it is a real short by parties thinking the deal might fall thru. The shortie would think low probability of white night AND the ratio of the 5cent loss on buyout vs $1.20 gain on deal failure is in their favour. Deal failure could push NYX back to $1.10. I am a retail guy so take it as retail chatter please.
Comment by
Ronbromleygross on Oct 05, 2017 12:51pm
That is ok by me. If it falls back to $1.10, I will use it as an opportunity to load up. Sooner or later someone else will come along and buy it up.