GREY:MKRYF - Post by User
Post by
powermanon Dec 19, 2014 10:38am
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Post# 23248626
Short postions
Short postionsShort positions have gone down to 1,1008,700. A 185,000 reduction in the last two weeks. The lowest position for a year. Short covering is progressing but far from full swing as yet. It looks like we lost about 10 million share to the company buy back program and those share holders are gone to better investments. (Stupid idea for a growth company). So there is just you and me and a few other retail investors looking for something to happen. Management got rid of much of our base and institutions do not want juniors in this market. Nobody that already has these shares is buying and I am starting to think that any lax loss selling will be just more loss of MEI share holders. Slow as we go ubtill Q1/15. Merry Christmas. DF