WHY is it being shorted? | Short Summary |
| Short Volume | As Of |
| 184,500 | 30/Apr/2009 |
| 25,000 | 31/Mar/2009 |
| 127 | 28/Feb/2009 |
Anyway this may not seem like much, but this is actually a pretty large short position for a tsx-v stock. I've had bad experiences before with seemingly good stocks being shorted, only to release horrible news. But I don't see what bad news could possibly be coming out in the near future to justify this short position. They have nearly $20 million in cash and a great property which was good enough to run them up to 2$ + last year. Why would anyone be shorting it right now when it already seems undervalued?