few big bets againstIt is tough to expect good news in the week, but it is interesting that institutions aren't betting against MAA in the short run, at least in terms of shorts. There seems to be a paralysis out there. Volume is low, we have been in a rather tight trading range the past while, and virtually nobody is shorting MAA. At least the institutions are not betting on a plunge.
We are in for an interesting time. The NR needs to have some meat on it, one way or another.
MAGINDUSTRIES CORP ("MAA-T") - Short Positions on 2009/11/15 1,266 1,266
Net Total Last Total Price
Date Change Shorted Price Volume Range
----------------------------------------------------------------------------
2009/11/15 1,266 1,266 0.59* 8,938,500 0.54 - 0.61
2009/10/31 -7,000 0 0.54* 20,214,900 0.54 - 0.67
2009/10/15 2,000 7,000 0.62 8,795,200 0.54 - 0.62
2009/09/30 3,999 5,000 0.56 4,830,500 0.56 - 0.59
2009/09/15 N/A
2009/08/31 N/A
2009/08/15 N/A
2009/07/31 N/A
* - Indicates that the closing price used is the last non-zero
closing price and is not the closing price on the report date.
Source: TSX ________________________________________
TSX closing price for MAA Date: 2009/11/17 Closing Price: 0.580