GREY:LSTMF - Post by User
Comment by
JohnDDon Dec 21, 2011 6:03pm
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Post# 19343476
RE: Short Interest
RE: Short InterestThanks for posting Rimcheese.
I really don't get it. I was assuming that the short #'s would decline "for sure", not go up by a over a million and a half. Someone posted a while ago that if you look at both the Cdn and US short postions over the last few months - the numbers remain relatively flat. If that poster is able to post both sets of numbers that would be appreciated.
Given the improving fundamentals of the company - and although I am no technical analysis - the chart looks like it is on nice upward trend. Why would the short postion continue to increase?
It would sure be nice to understand the justification /strategy for why they are doing it. The only theory that works for me is that a firm is serioulsly interested in making an offer for PBN and shorting the company could help reduce the price that shareholders would be willing to accept? I am open to any other strategies or theories...
John
P.s Rimcheese, where do you get your short data?