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First Global Data Ltd FGBDF

First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.


GREY:FGBDF - Post by User

Bullboard Posts
Post by wotsisnameon Jul 29, 2017 1:43pm
110 Views
Post# 26525327

Short Sales

Short SalesPacer217
In a previous post, you wrote:"
Yep, The one I use is: shortdata.ca just put in the symbol for any Canada stock and give you the years chart in two week blocks. Volume on July 17 was lowest since Feb 01, when stock was about .18 cents."

Thanks for that reference. I checked out FGD on the shortdata.ca website. Very interesting and very significant  info. After reading it all, however, I have one comment and one question.  The comment is that, although it's very encouraging to see the drop in short sales, nevertheless one might expect this volume to decline anyway - after all, given the decline in the sp, how much lower could we go from here?  My question is this...is there any way of finding out  the total number and value of short sales at this point and do we have any way of tracing the extent to which the short sellers are now beginning to cover?
 
Bullboard Posts