OTCPK:EMMBF - Post by User
Comment by
ledrogon Jan 10, 2017 1:04pm
53 Views
Post# 25689280
RE:RE:RE:shorting
RE:RE:RE:shortingThe number actually dropped a bit....I'm sure I posted the update when it came out.
Up to December 31st 2016 there were a total 456,000 shares that had been borrowed and dumped back into the market, which is a slight drop from the 483,200 up to December 15th.
Of course its old information.....and we closed out 2016 at less than $4 per share, so its possible shorts have decided to cut their losses and covered, or some could have been forced to cover with a margin call....although I doubt it.
Supply and demand....with the upcoming Weed Conference in BC coming up, and with Stewart being the keynote speaker I like the chances for there to be continued demand from buyers....but of course buyers need others willing to sell, and if shareholders won't part with their shares then short sellers are a vital part of the market.