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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Warrant pricing...
View:
Post by werROBINHOOD on Jan 25, 2021 9:53am

Warrant pricing...

.....is showing a very strong up trend cycle. Price difference is now nominal. Short reports are notorious for inaccuracies. Given so many shares are trading on dark pool exchanges you can't trust the standard googled short report. Updated numbers do come out eventually but there is such a delay in the adjusted numbers the info is about worthless when making trade decisions. Even on the standard exchanges the shorts come out as a ratio% of the days action and requires some additional calculations to get an actual number. But again it's meaningless give the delay in dark pool reporting.
Comment by Bpultra on Jan 25, 2021 10:09am
============== well on my trading platform its delayed by about 10 days you can subscribe for current up to date short reports... so was wondering if anyone had one.. google search is useless as you say..
Comment by werROBINHOOD on Jan 25, 2021 10:15am
The problem is majority of sophisticated investors are using the dark pool exchanges to hide the immediate trend.  The delay in dark pool reporting makes daily or even weekly short numbers unreliable in trading decisions short term. 
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