RE:As of November 15th
Weedinvestor88 wrote:
GLH has 13.89 million short positions....with a decrease of less than 100,000 from.the previous 15 days. Now ask yourself this, with the stock that low, why are the shorts not cashing out? How low do they expect it to go. Come on Dave you must have answers. You act like you know it all. So let's hear your input. Why is glh the second top shorted stock on the entire CSE? Why would people still hold a short position in this stock as low as it is, unless they knew something the rest of the shareholders didn't. If things are going so well with glh, why that many shorts? And why are they not cashing out at these ridiculously low prices? Please I'll await your genius answer.
We have gone over this months ago, and it’s pointless sometimes to provide you with accurate truthful information because it goes against your agenda.
Do you know the difference between a short position and a short sale.
https://www.investopedia.com/ask/answers/012715/what-difference-between-short-position-and-short-sale.asp
A transaction undertaken by means of a derivative contract is a short position, but it is technically not a short sale because no asset is actually delivered to the buyer. Therefore, when the transactions involve futures, options and swaps, it is short positioning and not short selling.
Do you know how short positions are calculated on Ontario Exchanges?
https://www.iiroc.ca/Documents/2017/85c557c2-c63e-4071-9211-2f03539c1e2f_en.pdf
(d) Convertible or Exchangeable Securities
A short position in a listed or quoted security which is covered by the holding of a convertible or exchangeable security is still considered to be a short position. This short position must be reported until such time as the convertible or exchangeable security has been tendered or the account holder has issued irrevocable instructions to convert or exchange the security.
GLH has a lot of convertible debentures as do a lot of other companies some of those are being calculated as short positions for reporting purposes.
https://www.newswire.ca/news-releases/golden-leaf-announces-private-placement-of-unsecured-convertible-subordinated-debenture-units-for-up-to-15-million-692846311.html
I have always maintained that I am waiting to see if MJ will get any traction for legalization in the US. Yes has GLH been a loser so far? Undeniably and painfully so. I will hold my position until either a yay or nay on legalization regardless and could care less what you think. Why are on earth do you care how I invest?
Further, I would appreciate it if you were not constantly telling lies, changing accounts etc. If you’re not guilty of a short a distort campaign I really don’t know who is.
https://business.financialpost.com/news/fp-street/we-have-to-find-the-right-case-osc-committed-to-scrutinizing-short-selling-but-warns-bar-is-high-for-enforcement-action