GREY:RNKLF - Post by User
Comment by
SteelerBearon Oct 25, 2018 12:33am
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Post# 28869210
RE:Eric Sprott
RE:Eric SprottTwo things to ponder:
1.Sprott's purchase last month conveniately put him over 10%, which had to then be made public, which in turn, seemed to feed those looking for something positve to grasp. For him, the amount he bought was pretty insignificant, but seemed to create a stir.
2. I am not saying that Sprott is shorting the stock, however, by owning so many shares, he would be able to short the stock without much worry of a sudden gap up in price, as any short losses due to price appreciation would be more than offset by his gains in the stock he owns.