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Counsel Corporation CXSNF

Financial Services Specialty Finance
A financial services company


GREY:CXSNF - Post by User

Counsel Corporation > short as 11-15 = 28,000
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Comment by Scotch12on Nov 22, 2017 4:46pm
135 Views
Post# 27014715

RE:short as 11-15 = 28,000

RE:short as 11-15 = 28,000 I read the article and it the title was misleading.  In the article,  the only real mention of street capital was that the cost to borrow SCB for a short was very high (the second highest of any stock listed). It is a very illiquid stock that is hard for big investors to get in or out of so I can't see it being heavily shorted.  As you indicate the acutal short positon is very small - see below:

https://quotes.morningstar.com/stock/s?&ops=clear&t=XTSE:SCB&culture=en_us&platform=RET

I was disappointed with the last quarter. The company said it would be releasing a strategic updated before the end of 2017, hopefully they have something postive to say. 
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