GREY:CHALF - Post by User
Comment by
clinch76on Apr 10, 2017 10:05pm
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Post# 26104395
RE:RE:MMCAP update on GLH holdings
RE:RE:MMCAP update on GLH holdings In this 5 Months we saw at the same time the Shorters arrive.....
Issue | Symbol | NO. SHARES | NET CHANGE |
OCT 31 2016 SHORTS
Golden Leaf Holdings Ltd. | GLH | 2,783,800 | 2,345,500 | |
March 31 2017 SHORTS
Golden Leaf Holdings Ltd. | GLH | 11,691,000 | 2,558,500 | | | | |
So yes MMCAP sold 16 Million shares and Shorts Sold 11.6 Million Shares over that 5 month period. It is no wonder that the share price has been held down fealing controled.... it was! Knowing the shorts will have to cover that is following an "Extra" 27 Million shares sold, 11 Million will have to be bought to close the shorts. That is a HUGE swing in share supply vs share demand.
Clinch