OTCPK:JENGQ - Post by User
Post by
Franchuttoon Dec 18, 2017 6:53pm
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Post# 27182846
Cross-trade
Cross-tradeHi, I will give you my 2 cents on what is happening, as most must know about the index de-listing , i presume that the liquidation of the stock is being transferred between two entities, bid/ask set at the same time and same amount, if all these stock would’ve been sold on open market the stock price would have fallen dramatically, I actually bought last week and today, the short side of this trade is pretty crowded,
https://shortdata.ca/?c=just-energy%20group%20inc.-short-sales&sym=JE.TO, I think the markets sometimes happens to work this way, in theory it could have been a great short, but I don’t think it’s going to work out that way, sorry to disappoint a few.