TSXV:EVE.H - Post by User
Comment by
Beelzebobon Dec 30, 2019 11:24am
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Post# 30501377
RE:Low volume
RE:Low volumeI have to believe that the shorts are very worried. There is another site I go to that regularly shows total shorts in excess of 600,000 shares, which is way above average compared to other stocks. But these short buys have to expire at some point and they will be forced to cover, but each little buy bumps the stock up. Best thing us longs can do is not give an inch....make no shares available to buy. Supply/demand and with no supply demand pricing will go up and up and shorties will have to cover at a steep loss.
A part of me almost wonders if EVE is keeping a lid on things to let the shorts try and cover because if this zooms away there may be some folks out tens of thousands of dollars. I can't imagine them having an ally in the shorty mix but anything can happen.