GREY:NMKEF - Post by User
Comment by
CanadaCoinon Mar 15, 2019 11:48am
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Post# 29491225
RE:Shorts
RE:Shorts phantom666 wrote: In just the last 6 weeks, 88.9 million shares were shorted. The foxes guarding the henhouse need to change the rule to leave shorting share prices under $1.00 alone.
For the sake of this arugment, I will accept your short trade data as being correct. But on the same token, my 'open short position' of 15 million shares is also accurate [2.3% of the float]. Therefore, the shorters have to had 'covered' [bought] approx 74 million shares in the last six weeks. And the short position actually has fallen in the last two weeks.
So how does this help support your argument that the 'shorters' are responsible for your falling share price over the last 15 months? Where are the buyers that 'believe' in this project? If the shorters can manage to drive a price down, you would then think that the believers would be tripping over each other in order to take advantage of a low share price and drive it back up.