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Mega Precious Metals Inc MPRXF



GREY:MPRXF - Post by User

Comment by hrattleon Dec 27, 2011 1:47pm
201 Views
Post# 19352880

RE: Short position

RE: Short position

 most of the short selling started around 70+ cents 

Where are you getting that from? A significant short position wasn't accumulated until October - MGP hit 60 cents briefly but the volumes weren't sufficient to result in a 4 million short until after the fall to 45 cents.

All shorts cover if they have any sense - usually options are used. I don't know what options source you have - this looks like you've posted insider options and there is no possibility that insiders are short without us knowing.

Until the short position is significantly reduced all longs should be concerned.

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