Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Noranda Income Fund Unit NNDIF

Metals & Mining Industrial Metals & Minerals
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit
Bullboard Posts
User Avatar Image
(31)
•••
Comment by stanleyon Feb 21, 2015 7:25am
129 Views
Post# 23450735

RE:RE:RE:RE:RE:RE:RE:RE:Recent share price

RE:RE:RE:RE:RE:RE:RE:RE:Recent share priceBB:

It is my understanding that unless you request "street form certificates" or delivery of your shares, any shares kept at your broker goes into a pool and becomes the vicarious "property" of the brokerage from which they willingly lend out for shorting. Another revenue stream fror the brokerages.

Seems like the "shorts" are every where, recently as with NIF they shorted a stock (T-NRI) below cash value, in this case was due to a "poor test result". Pretty brazen bunch.

Thanks for giving this board your analysis and historical perspective.

Cheers
Stanley
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities