TSXV:GLG.H - Post by User
Post by
bendergardenon Jun 21, 2011 8:27pm
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Post# 18747334
Shorts are circling
Shorts are circlingI guess short interest on this has blown through the roof. This and MGO, I read the short interest had really shot up since June 1 for GLG, that were almost no shares available to borrow any more..
Hopefully it is just a bunch of Johnny come lately's just trying to ride the Sino forest wave. It could work in our favor if it backfires and they all have to cover.
GLG is actually quite obscure, and thinly traded. I have no idea why it would be a good short target. MGO I could see more, much larger float, much higher volume and reasonably well known.