Alaris Royalty Corp ALARF

RE:IMPORANT: Alaris Short report news is FALSE

[maypeters]

Thanks BayStGuy2. 

Interesting. 

The sheep get fleeced again. I have been checking the short interest and I did not see a huge spike either but thought that maybe the report was to take advantage and shake the tree in light of the lull in summer season before labour day long weekend. 

Some comments from folks (not on this board) who saw the report did not mention an older date on the report - maybe it was changed. 

Either way, let management do what they they can do resolve the problem partners and get new ones on board and stock price in the end will respond accordingly. 

Enjoy the weekend.

BayStGuy2 wrote: I work in capital markets in Toronto and have some Alaris shares, so thought it was important to let everyone know what I learned.

I had drinks yesterday with someone from Alignvest. They've been short Alaris for years now. They are a hedge fund and don't publish public reports. This is an unauthorized leak by someone - didn't get details, but probably someone they shared their report with to make it seem fresh. Literal short manipulation to get the market riled up.

I wouldn't believe people on the internet either, but there is a way to prove my claim.

I checked the short interest that is updated biweekly, on my Bloomberg - most recently it showed 3.96% of float. Wait another 1-2 weeks before next release and I think you will likely see very minimal change, which means no new institutional short position was added. 

This means the 400k volume that you saw on the down day Wednesday were retail investors selling/shorting the stock on panic and FAKE NEWS.