GREY:ALXDF - Post by User
Comment by
goldopportunityon May 09, 2018 2:44pm
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Post# 28006612
RE:RE:RE:RE:RE:Drifted down 6.67% today!!!
RE:RE:RE:RE:RE:Drifted down 6.67% today!!! Probe Metals Inc. TSXV:PRB.V
Historical Short Volume Data for PRB.V
2018 | 2017 | 2016 | 2015
| Date | Short Sale Trades | % Total Trades | Short Traded Volume | % Total Traded Volume | Short Traded Value | % Total Traded Value |
| Jan 1 2018 | 88 | 20.323 | 97,875 | 18.523 | $133,477 | 18.862 |
| Jan 16 2018 | 76 | 11.710 | 88,481 | 12.294 | $125,128 | 12.357 |
| Feb 1 2018 | 102 | 14.468 | 105,699 | 10.175 | $146,897 | 10.313 |
| Feb 16 2018 | 209 | 10.550 | 212,100 | 16.073 | $293,360 | 15.855 |
| Mar 1 2018 | 47 | 14.462 | 22,489 | 6.580 | $30,542 | 6.482 |
| Mar 16 2018 | 52 | 13.978 | 98,850 | 18.967 | $127,445 | 18.574 |
| Apr 2 2018 | 7 | 4.375 | 4,900 | 1.812 | $6,521 | 1.879 |
| Apr 16 2018 | 15 | 6.466 | 4,270 | 1.984 | $5,582 | 2.003 |
| May 1 2018 | 102 | 18.312 | 142,550 | 18.918 | $188,093 | 19.059 |
Schmoby said:
"
Thank you for that GO. I am not an expert on short trading so what do you see there that indicates a major bet to the downside of PRB?"
Hey schmoby -- look at the feb 16 line (slide cursor to view whole chart). Now compare that to the latest may 1 line. You remember the drop in prb's sp after mid-feb, well you have relatively high #s in the may 1 short data as you did after feb 1. To keep it really simple, look at the "% Total Traded Volume" column. The may 1 figure is higher than for feb 16.
Also, if you divide the short traded volume by the the # of short trades it will show that each short trade had approx 40% more shorted shares. Tells me you have a lower # of entities that have shorted a substantially higher # of prb shares. Basically, they're committed short sellers (a.k.a pros) who are betting that prb is going to take a hit. Hope this helps. Jmvho.
goldopp