Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by pathson Feb 28, 2019 7:45pm
129 Views
Post# 29426123

RE:RE:RE:upcomming Annual General and Special Meeting

RE:RE:RE:upcomming Annual General and Special MeetingIt's 16.9m short in the US now, not 19. 12% of shorted shares were covered in recent period.!! I think that is what helped lift the shares back above 8 us$. Maybe losing money exiting that high, but finally being sensible. What people do with their own accounts might not make much difference, as many institutions intentionally lend out their shares for shorting. That way they collect say 5+% interest on the loan, so earn from shares not paying a dividend. They are in for the long term, so maybe don't care how many shorts there may be.  Also putting ones own shares for sale at a high price does not make a difference. The brokerage looks at how many shares they are holding in all margin accounts, and has their own ratios worked out, anyones orders are disregarded.                                                                                             
Bullboard Posts