RE:Huge short position jump to April 30I don't understand shorts as silver is heading to $21. Especially with that infinite money printing and strengthening inflation. Plus gold/silver ration at historic level. Its a good things to be in a silver now....
mouserman wrote: I noted that the short position on SVM jumped to over 3% of the float. Maybe some of that CHINA dislike filtering into the stocks that are headquartered there.
Looks to me like the shorts from April are underwater quite large, so trying to smashdown to cover their shorts if they can get big enough volumes.
They better hope that silver and the other associated metals for SVM dont run up big in the next month... or we could see that classic shortsqueeze as margins calls become a problem.
Adding more SVM as it slides...