RE:RE:RE:RE:Shorts
Pennystocker7 wrote:
the short positions were over 27 mil just 5 days ago, i doubt 27 mil sold off their shorts in 5 days. Plus youd be seeing a lot more buying today, instead this morning there were 3 million shares for sale at .035 so you are being very dishonest.
Wrong again Jeff. As per usual it is you who is being dishonest. We had this argument last year. Short position data contains convertible securities like debentures.
https://www.iiroc.ca/Documents/2017/85c557c2-c63e-4071-9211-2f03539c1e2f_en.pdf
(d) Convertible or Exchangeable Securities
A short position in a listed or quoted security which is covered by the holding of a convertible or exchangeable security is still considered to be a short position. This short position must be reported until such time as the convertible or exchangeable security has been tendered or the account holder has issued irrevocable instructions to convert or exchange the security.
They issued 200 million more shares. There are many former debenture holders who are exiting, the selling pressure will continue until it doesn’t any more. A lot of US based POT stocks will trend lower until there are significant progress to let them operate in the US federally without constraint, for example the SAFE banking act.