TSXV:HRE.H - Post by User
Post by
TrickyGameon Aug 21, 2019 9:28am
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Post# 30049833
Someone just shorted 48,985 shares when WE ARE HALTED
Someone just shorted 48,985 shares when WE ARE HALTEDHow did that happen ? Says shorts happened today BUT WE ARE STILL HALTED I LITERALLY JUST CHECKED 5 SECONDS BEFORE CLICKING POST. if that's allowed then short selling should be BANNED it's disgusting how much power shorts have over some stocks. I can use HRE as an example. we had about 36,000 shares short we were up to $0.10 then back down to $0.06 for almost 4 days. There are 184 Million shares outstanding so 36,000 shorts is literally next to NOTHING.
ALSO these Billionaire investors and hedge funds come out with a "Comprehensive Report" on a stock they are shorting containing ratios and fancy financial language but often NO new info. The retails get spoked and start selling en masse. The stock is down 10%+ and these Billionaire Investors and hedge funds just made tens of millions in very little time.
At least when as an investor you go long you have to wait for positive news/ increased earnings for a stock to move up, you can't just create bad PR out of thin air and makes millions in days.