OTCQX:BGMZF - Post by User
Comment by
dkolish01on Sep 20, 2013 9:46am
173 Views
Post# 21754188
RE:Shorts are UP to 1.4 million as of Sept. 15...
RE:Shorts are UP to 1.4 million as of Sept. 15...Wow what an increase. The price of gold drop 100 dollars during that period. As the price of gold increase the number of shorts decrease so the oppoosite would apply. The number of shorts is going to vary based on the price of gold. Simply business logic. The 1.4 million shorts represents about 1.4 % of the oustanding shares. The increase is about 120,000 shares. Or about .1 %. About equal to the price of gold decrease. Nothing new.