TSX:MRT.DB.A - Post by User
Comment by
slston May 06, 2021 1:57pm
106 Views
Post# 33142011
RE:RE:Big jump of short interests
RE:RE:Big jump of short interests
Am following my plan and buying a little more every time MRTUN moves up in my direction.
Technical trader are watching this up trend along with the slight up tick in volume. Those investors could pounce on this. A large 60+% is held by insiders and a further chunk by long term value investors, leaving only a small float for shorts to work with.
Something really bad has to happen for them for Shorts to do well. Usually short sellers are really smart....not sure what problems they see....they will have to start thinking of buying back their shorts soon if the stock keeps going up. MRT and its Parent also have an incentive to buy back this stock at the large discount to Book Value..