Alexandria Minerals Corp ALXDF

Fwiw...........

[goldopportunity]

Ladies and gentlemen, I believe we are about to witnessi a short-covering rally in alexandria.  


That FP short stat that bastille and I saw was the final confirmation I needed.  Consider:
1.  the consistently overt supply on the ask in azx
2.  the declining volume in azx
3.  the increasing volume on alxdf
4.  canaccord trying to sell those 100K of alexandria the other day
5.  the strange filling of orders below the asking price in alxdf the last few days

Here's how I see the situation. Azx has been heavily shorted as per the last 2-week reporting period to may 15/17.  The purpose was to take azx down, and buy back at a lower price.  But for some reason after the shorting was done, they found themselves in a pickle -- the sp wasn't going down....how do I cover all those shares?  And things got more uncomfortable for the shorts when the supply at the cdn .08 surface ask on azx dwindled substantially this week.  

So the shorts figured they'd try their dirty tricks on the otc, but I think the otc traders already had started to smell blood.  Plus they aren't gonna be bullied by the amateur idiots to the north.  So the yanks allowed the alxdf sp to zip past and close above the usd .068 st high when the canucks were off.  The idiots from the north were mad.  Canaccord tried to peddle 100K of alexandria on the otc in an attempt to manipulate the alxdf sp, but I called them out it and they took it off.  So the last couple of days I've noticed filled orders below the best ask.  I'm speculating some of the shorts were calling in favors and accumulating shares towards the lows of the day.

Now I want you to go to the daily azx and alxdf charts and compare the volume levels.  Notice the volume on azx has dropped off considerably, and alxdf has seen 3 consecutive days of stairstep up volume.  Basically I see the law of supply and demand at work.  There are fewer and fewer azx shares available to buy at cdn .08.  Shorts are hesiitant to cover at a higher price.  So volume has dropped off.  And apparent covert attempts to cover by canucks on the otc are proving futile.  Plus the alxdf weekly chart looks poised to finish the week with a higher high and higher low.  Very bullish.  Not a good environment to cover short positions.

I'm assuming the shorts were executed at cdn .09 and .085.  Let's see, that equates to usd .0667 to .063.  So to just break even, these are the usd prices that the shorts would need to buy back their shorted alexandria shares on the otc.  Now this is where you come in.

I want you to just sit on your hands and enjoy the show.  The shorts available supply of shares to cover is dwindling expodentially.  And the shorts know that the otc traders aren't going to help them out.  You see, the otc traders know they hold the cards now.  If the alxdf price goes higher, then the azx price has to go higher too.  Like I said the other night, thank gawd for the yankee traders.

So we'll see what happens.  Jmvho.




goldopp