RE:RE:RE:RE:RE:We are # 1 It's not short able by you (I'm assuming) nor I (I know) because no broker in Canada will allow me or any other retail investor to short a stock that's less than $1.00. I've tried with several stocks at 4 different brokers. A hedge fund maybe able to as long as they can find a borrow. But yeah the short position has never been very big compared to the average daily volume at least as far back as I looked into last June. The short position is published twice a month at the iiroc web site. Here is link to Dec 31.
https://www.iiroc.ca/sites/default/files/epubs/CSPR/20211231_CSPR_Report.xls?1641560701
fishbeecee wrote:
I do not know if this stock is shortable. Does anyone know the outstanding short position?
Technicals don't mean much on a stock like this but there are some positives that we can take from the last few sessions.
Since the new year and tax loss selling ended the SP has rallied. That rally seems to have some momentum as today we traded over 13 million shares 3 times the the previous two sessions!
All this upward momentum has got the price above both the 20 day and 50 day moving average. These are both positive indicators.
On a fundamental basis I am liking the clearer communication and boardroom changes.
I think it is all these things coming together.....I have no idea how far this will carry us...it could even be over... But I am long this company....I have 5% of my savings in it