RE:RE:RE:RE:Juan Gavidia's Presentation at 2019 Denver Gold Forummaurizion,
If you are looking for a "smelly carcass", look no further than the increase in the ORV short interest, where the shorts increased their net shorts from 332,317 shares short to 493,464 shares short on September 20. So no wonder the share price has been pushed south.
However, with POG holding at $1500 USD, and gold set to do an ABC up to $1800 USD, the ORV shorts are playing a dangerous game IMHO!
The shorts have gotten burned once before. Back on June 21, the short position in ORV was 823,704 shares short, two days after gold made its first break out move. So the reason for the june stock increase may have been due to short covering where the shorts were forced to reduce their short positions back to 338,076 shares by July 8.
With gold set to do its $200 USD per ounce gap up, the shorts are set up for a SUPER BURN!!