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Atlas Pearls Ord Shs T.ATP


Primary Symbol: APCFF

Atlas Pearls Limited is an Australia-based pearling business company. The Company is a producer of South Sea pearls, specializing in white and silver pearls. The Company operates approximately seven pearl farms throughout the Indonesian archipelago, from the national park lands of Banyu Biru to Flores, and as far east as West Papua. The Company is a fully integrated business including hatchery, seeding, harvesting, grading, trading, design and manufacturing capabilities to sell directly to customers through wholesale partners and via its retail outlets. The Company provides a range of products, such as DOUBLE PEARL BRACELET, CAGE PENDANT, KESHI STUDS, VINE RING, SIMPLE SHEPHERD HOOK EARRINGS, TOP HAT PENDANT, SICKLE PEARL RING, NEOPRENE PEARL BRACELET, FLAT BUTTON STUDS, BUBBLED RING, NEOPRENE PEARL BRACELET, FIXED PENDANT, FILAGREE CUP STUD, FLOWER FILAGREE PENDANT, PAVED DIAMOND PENDANT, OPEN PETAL RING, SIMPLE SHEPHERD HOOK EARRINGS and CAGE PENDANT.


OTCPK:APCFF - Post by User

Bullboard Posts
Post by Conquistador1on Apr 27, 2013 1:58pm
292 Views
Post# 21310681

Talking of shorting...

Talking of shorting...

In the U.S. there are about 4.6 million shares of AT that are currently being shorted. I don't have access to a Bloomberg terminal, so I don't know the number for the Canadian market. Anyone?

It is difficult for the average retail client to be short. Brokerage firms tend to lend to those clients that do the most business with them (institutional traders). There is a cost to borrow a stock, and it is a profit center for brokerage firms, when they lend out the stock.

My general rule of thumb is that the "shorts" are usually  smarter, and they tend to win. They do their research, and look for weakness in the herd of stocks. Whether you like it or not, there is nothing that you can do about it.  (Disclaimer: I don't generally short stocks, and the few times I have, it was because I was trying to lock in a profit on a convertible instrument, that I owned, so I wasn't really short, in my mind.)

Have a good weekend.

Bullboard Posts