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Alderon Iron Ore Corp AXXDF

Metals & Mining Steel Industrial Metals & Minerals Steel
Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.


GREY:AXXDF - Post by User

Alderon Iron Ore Corp
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Comment by RBCHY7on Mar 25, 2011 10:28am
285 Views
Post# 18339920

RE: RE: Short Interest

RE: RE: Short InterestIt is the highest it has even been.  And given that we've trading a whopping 404 shares in the first hour of trading, it would say it is very dangerous to have a big short position.   Could take days to cover once news starts rolling in again.

I wouldn't say anybody is trying to keep price down...these are just traders who think the price is going down in future (or it's part of a PAIRS trade with CHM or LIM).

Stock is clearly is waiting mode.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities