RE:SHORT positions have exploded.....Hi JARVIS,
This is an interesting observation. It looks like you've certainly found a way to possibly see downward pressure of the stock price in the future, with such a huge influx of short sellers.
DISCLAIMER: I don't know Jack about Calls and Puts and Short Selling...I'm more of a Buy and Hold kinda guy, as can be seen with this stock...been holding the bag and singing the company song for around 18yrs.
Now I do understand the Short concept and looked at your figures and you're right, they sure exploded in a short time.
Is it possible that all of these Shorts were a result [after-effect] of both the Q3 Earnings Call and then subsequent announcement of the Bought Deal? Rather than anyone having "INSIDER" information? I don't see the insider 'thing' but maybe I'm looking at it wrong.
- July 28th we had the earnings call
- August 5th we announced the Bought Deal
Symbol | Issue Name | Shares | Net Change | Date |
$SCR.V | SCORE MEDIA AND GAMING INC. | 4,283,540 | 3,794,138 | 20 Aug 2020 |
$SCR.V | SCORE MEDIA AND GAMING INC. | 489,402 | 384,665 | 6 Aug 2020 |
$SCR.V | SCORE MEDIA AND GAMING INC. | 104,737 | -17,405 | 21 Jul 2020 |
$SCR.V | SCORE MEDIA AND GAMING INC. | 122,142 | -244,065 | 7 Jul 2020 |