Aurcana Silver Corp V.AUN.H

Shorts are panicing - keep the GTC sell orders !

[Banman17]

With the action today I can only conclude the shorts are starting to panic. They're trying to push the share price down more to panic all the weak hands out so they can literally steal their shares from those who give in and sell. I think it's in response to those of us who have now entered Good Till Cancelled (GTC) sell orders ABOVE market price, thereby causing our shares to be delivered back to our accounts. They now have to cover (not sure of the time line - possibly 3 days) so their game is up, hence the big move down sooner so they can try and panic shares out of those who don't know their game. Keep your shares, and enter GTC orders to keep the orders in the system, hence the shares in your account, at a price well above the market price (say $5.00) to force the shorts to buy back the shares at a high price. Consider what now happens if the short cannot produce volume sales at lower prices just before the share price turns up. Now who is screwed? The short is of course. Assuming that Aun has fundamental worth, in all probability, it should bolt forward directly through the price of the average short, thereby panicing the short into paying up and up to cover. The risk the short seller takes is infinite in price. All they can possibly gain is the price of the share. The short seller will be easy to panic because of this, even if he depresses the stock but FAILS TO GET THE VOLUME required to make the cover. If the short cannot panic you into selling emotionally, you will panic the short into covering emotionally, especially when a situation depends on a commodity like gold and silver. This is even more so if you do not have any margin debt to worry about. Be strong and whop the hell out of the short who is trying to whop the hell out of you.