anybody look at the open shorts position lately? It is time for this Troll to asl one difficult RGX question for you:
quote=Napoleon001]My own posting history shows that I was also asking difficult questions on the HPQ board...[/quote]
How do you explain a 4M increase in the short position in the last 2 weeks?
You will agree that people placing a short bet on a stock are either:
- People with inside knowledge of future financing that are pre-selling shares to participate in financing;
- People that do not believe in the company future or people that have concluded that the share price is over-valued...
I have been looking with interest at the ever-increasing short bet against RGX (All number from IIROC report):
- January 15 2019, Open short on RGX: 844,000 average price $0.05
- January 31 2019, Open short on RGX: 505,000 average price $0.058
- February 15 2019, Open short on RGX: 587,300 average price $0.048
- February 28 2019, Open short on RGX: 4,501,000 average price $0.05
At first, when I saw the PR about the financing, I assume that the open shorts position until February 15 were related to the PP...
But when I look at the 4M increase in short position during the last two weeks, I must ask, are things going as well as what the Company is claiming?
Unless this is part of organized trade with insiders, the short is either a very fullish bet, or some people not more then they what is being said...
Just asking...