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Bullboard - Stock Discussion Forum Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace. Its... see more

TSXV:THRM - Post Discussion

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Post by nrv090909 on Aug 04, 2020 1:16pm

Shorts

Thanks to the shorts who are driving this price up.
Comment by Welderkev1 on Aug 04, 2020 2:04pm
If you buy up the shorts then the shorters will have to pay your price to cover. Easy money. For example if it's just you and shorty and he short sells 10000 shares and you buy them and put a sell price of $100 on them he has to buy them back at $100 to cover his short
Comment by Welderkev1 on Aug 04, 2020 2:14pm
And if he doesn't want to pay your $100 price just wait and when the margin call comes it will be automatically liquidated at your price lol
Comment by stockmonster6 on Aug 04, 2020 3:31pm
short sellers don't drive a price up, they drive it down.   They lend shares from someone, say $1. They owe those shares back.  They then try to buy those lent shares at a lower than $1, say, 0.75 cents, earning 25 cents for share.  They return the shares back, pocketting the 25 cents profit per share. If the price goes up, they owe those lent shares of $1 back at a higher ...more  
Comment by Welderkev1 on Aug 04, 2020 3:46pm
They don't drive the price down, the simple act of selling the "borrowed" shares makes the price drop. If nobody else sold when the price dropped then when they buy back the "borrowed" shares the price would go back to what it was. So driving the price down is an illusion that creates panic which is what really drives the price down and if all those "borrowed" ...more  
Comment by stockmonster6 on Aug 04, 2020 4:02pm
Makes good sense. Shorters naturally want the price to drop, and buy into the panic selling. Of course if they bother on BullBoards like this they bash the stocks to have weaker hands fold into the lower asks.
Comment by Welderkev1 on Aug 04, 2020 4:07pm
Yep they either bash it or spam it with other pump and dump stocks they want to short. 
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