TSX:IIP.UN - Post by User
Comment by
Str8Shuteron May 18, 2021 11:52am
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Post# 33222147
RE:RE:Potential for Short Squeeze?
RE:RE:Potential for Short Squeeze?Holy smokes. Short sellers continue to be quite active on InterRent, for some reason. The short activity as of 5/15/21 was reportedly
43.9%. I would think that a short squeeze is inevitable at some point, so this seems like a pretty good time to take a long position if one hasn't already done so. Any thoughts on that?
Str8Shuter wrote: Correction: I probably should have said "short activity", rather than "short position", since they could be markedly different. :-) Nevertheless, I think that where there is smoke there is often fire or the potential for it.
Str8Shuter wrote: I may not be an expert, but the TA looks pretty good for IIP right now, especially when noting the huge short position as of 5/1/21, at
32.76%. The SP for this REIT should really "pop" if the 1Q2021 report is positive when released on 5/11/21, IMHO.
IIROC Short Sale Trading Stats:
https://www.iiroc.ca/news/Pages/Short-Sale.aspx GLTA!