RE:Short interest have increase by 613,500 during last 2 weeksKongratulation wrote: With all the bashers appearing over the last two weeks, I was thinking that the shorts were being more aggressive and probably believe that the story was losing steam and was going to go back to its 52 weeks low...
When I look at the IIROC short report as of April 30 2020, I believe that we collectively call it right... the bashers we ganging up for a reason...
631,500 shares short, 14% of the volume over the last two weeks were short sales...
My only question, does the report include yesterday trades or only the trade that settled by April 30?
I was wondering own much of yesterday volume was short being squeeze our of there position...and with since the paper was shorted at an average price of $0.59
That may explain why our new Crazy basher Flush appeared yesterday...
The soft bashing of Teflon2, Bytheriver and Savy was not doing the job...
LOL
I think you can find your answer by looking at the trading values the last 2 weeks. If the average short is at .59 I would suggest that all were in the last three days and primarily on the 30th. They are simply making a bet that there will be a spike based on the news and the price will drop back a bit over the next few days/weeks. Just as we know there are long positions that are making the same bet and selling with the intention of buying back in at lower lprices. Some are here to trade, others to invest.