Shorters traded again on the wrong side, lol !Some times I posted about shorters losses with their wrong timing to cover on the US markets.
Here the short numbers from Canadian markets. They proove how poor the shorters are trading and how nerveous they are to cover.
In the reported time period from 04. to 21. of June the average for the closing prices was 10.47 USD.
At time of posting the PVG price is ~ 9.56 USD. The shorters could had covered their 114,423 PVG shares at around 1 USD cheaper than they did it.
Roughly 100,000 USD thrown away into the garbage by the shorters. Amusing.
Deadly wrong strategy: to short a successful & debt free gold miner in inflation times.
And on top of it wrong tactics with tradings by the shorts. Seems shorters are rather nerveous with their big short position at PVG...
Only fools sell to the shorters in these days.
lol