RE:RE:ORV shorts have a COME TO JESUS moment! Apologies Gandork, should read below that ITG remains on the "offer", not the bid. At 28.5 cents. If you're so bullish, you can probably pick up a few hundred thousand at that price.......
SmilinJuanG wrote: Gandork,
I actually view large short positions as a bullish signal.....they must be covered evenutally and they have in this case.
From the trade, looks like ITG had been covering. Over past couple of weeks though, they are sellers again (few hundred thousand) and they remain on the bid at 28.5 cents with a dark pool iceberg. I do NOT view that as bullish........
all imho...
ganndolph1 wrote: Only 199 shares of ORV short as of February 5!!!!!!
So how does one explain the bashers jicoop, maurizion, and SmilinJuanG bearish pronouncements on "Shamvana"; ie. ;Orvana Minerals under the heading of "OUCH", with the FACT that as of February 5, 2021 that there are only 199 shares of short interest in ORV?
Are these clowns so unconfident of their own convictions that Orvana Minerals is a sham that they are unwilling to commit to more than 199 shares of short interest?
I find the short history of Orvana more telling of the real story behind this stock than the BS posts of the Orvana bashers.
So let's take a look at the short history of Orvana on the TSX:
Back on October 21, there were 463,182 shares short on ORV.TO.
That short position was reduced to 25,000 shares short on December 4, 2020. After increasing to 44,177 shares of short interest on January 7, 2021, the shorts bailed and reduced their short position to 711 shares of short interest as of January 21, 2021. And as of the most recent data for February 5, 2021 the short interest in ORV.TO shares is down to 199 shares!!!!!!!!
IMHO, the short data on ORV screams that the stock price is headed higher and the shorts are telling you that they are TOTALLY UNWILLING TO BET AGAINST ORV.TO heading higher in price!