RE:RE:Short attack? ($31.19 low)Like I said, the hedge funds are quickly covering their positions on the first day of Feb.
They manipulated the January closing price for paper gains...how come the OSC is not investigating these price manipulators
WBuffett1 wrote: hedge funds pushing the share price down so their short position would show paper gains at month end. This happned so many times in the past 2 years but they ended up needing to cover their shorts at a loss.
They will get burned really badly when Q4 results come out. Dividends will be declared and that will add more onto their borrowing cost.
Davids7 wrote:
Wow. Volatile week for this stock...with a couple of frustrating lows. I'm a noob a trading, so I'm wondering; Short attack? Profit taking? Industry/sector influence? Coronavirus? Anybody have any insight? Thanks.