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NEWALTA CORPORATION T.NAL

"Newalta Corp provides engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams."


TSX:NAL - Post by User

Post by EstevanOutsideron Dec 01, 2017 7:35pm
232 Views
Post# 27076142

Shorts are still a drag and Newalta is at 34% short volume

Shorts are still a drag and Newalta is at 34% short volume it is a matter of time before they are purged out, until then, they are having fun with this stock.  yes, more coverage is always good.  just don't sell your shares or you make the short sellers rich.  anybody who buys into newalta must do so with the mentality of waiting it out, whether months or a year, the company is improving results q after q, just a matter of oil prices, a little patience and perseverence. 

this past week was the highest short traded volume on the year, increased drastically:
https://shortdata.ca/?c=newalta-corporation-short-sales&sym=NAL.TO

at least someone is starting to pay attention to newalta.  it's a start!
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