RE:RE:RE:RE:RE:RE:Barring and unexpected bad news..What we need is a press release of an asset sale as a catalyst to get some lift under this stock.
B1gkatt wrote: This is not a short squeeze. Look at the volume...nothing here but normal day on the TSX
You are correct I am sure. As someone else has noted, it is foolish to think all these shorts are naked, they are undoubtedly holding those positions as part of a more complex larger investing/trading strategy. This is not to say they won't bail if SP continues to rise since it will undermine a key pillar of their strategy. But we are 2 to 3 dollars away from the point where the dam breaks and a trickle of short covering becomes a flood. The trend is there, though, and if we longs are patient the reward will come.