GREY:SNNVF - Post by User
Comment by
scoproon Nov 30, 2018 12:46am
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Post# 29043532
RE:70% short interest last couple of days
RE:70% short interest last couple of days
Everybody set high ask orders to ensure your shares are not lent out to shorters, the higher limit the better, for a long duration. Also, I learned tonight that there is currently no prohibition in Canada for naked shorting. More info found here:
https://www.google.ca/amp/s/business.financialpost.com/news/fp-street/rise-of-the-shorts-activist-short-sellers-are-increasingly-targeting-canadian-companies/amp
With 70% short interest on the OTC (short interest yet to be discovered on CSE but assuming also high) and lots of bashing, with a sustained decline in SP, I believe SNN is a victim of a short attack so put your shares up for sale but dont sell them of course. Shares that are on order to sell cannot be lent to shorters. If a high % of shareholders do this, the result may be a short squeeze. Too bad so sad shorters/bashers. More info on the subject in the discord chat room.