FormerXBC Inc XEBEQ

RE:RE:Could they possibly

[Ciao]

I would agree that further gains on the short side is very limited if not already stretched.

Someone had speculated it was a paired trade or hedge, long on oil/gas and short on cleantech. Overall, I would guess it's still a winning trade on paper, covering is something that could be painful and something they want to avoid (further manipulation of share price?).  The extremely high short position on the OTC tells me this is not your average retail investor shorting.

WIth the invasion of Ukraine yesterday, I don't know how much more market risk there is nor company specific risk that has not already taken place or has been accounted for.  Would they start to cover leading up to or at release of Q4?

tony08 wrote:

Gann999 wrote:
I wonder if next week when announcing the date for q4 financials if they would be confident enough to offer some range on where financials will fall. It could catch shorts by surprise if they threw out some numbers to reassure that q4 will indeed fall within or exceed guidance.

Like i already mentioned, i am not a day trader and i don't know much about shorters......

I understand the concept but something i find difficult to understand though is how come shorters are still at work against Xebec while the share price is so low.....

Is'nt it very risquy for them at this level and also are'nt the gain they can obtain rather small??