RE:Added todayLARRY57:
"Bought Rht a few months ago. . But added more today at $2.27....looking forward to the future with this company.i am not a day trader and I do not short stocks.i think shorting any stock should be stopped." The problem is not the ability to short. Shorting is sometimes legal. The problem here is ILLEGAL SHORTING. No amount of share can be legally shorted on the TSX Venture exchange.
The problem is the semi-monthly reporting of short positions. This allows illegal shorts to come in right after a reporting period is complete, enter a heavy short position driving down the stock's price and then they cover their short position sometime before the next reporting period so it looks like there was no shorting at all.
It is a sick and twisted game these cockroaches illegally play, and somehow the authorities have done nothing about these transactions.
If the average investor could stop watching the share price, they would not panic when they see the share price dropping and fall right into the manipulator's game.
Unfortunately, many get duped and lose out on what would be multiples of their money. Instead they leave those gains for the cockroaches.
Truly sad really.
Good luck to all,
x