Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cielo Waste Solutions Corp. V.CMC.WT


Primary Symbol: V.CMC Alternate Symbol(s):  CWSFF

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood derivative waste into valuable fuel. Its facilities are designed to operate with no harmful emissions and through the conversion of waste-to-fuel, it can help reduce methane emissions from landfills, as well as reduce reliance on imported biofuels made from agricultural products. The Company’s Aldersyde Demo Facility is located approximately 25 kilometers south of Calgary, features a 2.5-acre site and a plant which provides proof of concept that can convert wood waste biomass to fuel.


TSXV:CMC - Post by User

Comment by Maxmoeon Jan 12, 2022 2:21pm
150 Views
Post# 34309405

RE:RE:RE:RE:RE:RE:RE:We are # 1

RE:RE:RE:RE:RE:RE:RE:We are # 1

I put no value in the statistics re traded volume. Its "fun with statistics " at best. Very misleading at worst. It's not apparent what exactly is counted, whether every broker reports on the same basis, or at all, whether the data is audited by iiroc or any other regulator ( the short position as at data is persistently audited by iiroc). I've seen some crazy reports using that data.Like bank and other large caps shares that show short volumes of 20,30,40% of all trading volume. Just make no sense. See link to bce with short sales reportedly as high as 48% of all reported trades were short trades over one semi monthly period? The latest trading volume stats show bns had 41% of all trades were short trades. Um, nope. Impossible. There are just too many potential inconsistencies. The "as at" a fixed date short position, and the change in it from prior fixed dates, is far more reliable to me.


https://shortdata.ca/stock/BCE.TO

lscfa wrote:

short volume o/s at a point in time is of little value because shorters can close position before reporting date.   Watch the short volume traded over 2 week periods.....

 

2 weeks ending

Short Sale Trades

% Total Trades

Short Traded Vol

% Total Traded Vol

Short Traded Value

% Total Traded Value

Dec 31

835

7.4

7,924,434

13.2

1,692,775

13.0

Dec 15

1,117

7.0

6,677,475

9.6

1,451,810

9.6

Nov 30

2,680

12.3

10,117,453

13.4

2,825,270

13.4

Nov 15

1,419

6.3

7,383,777

10.6

2,740,509

10.9

Oct 31

2,463

8.9

8,049,244

10.5

3,330,153

10.6

Oct 15

6,452

11.2

40,821,419

17.5

19,279,628

19.0

Sep 30

7,057

9.8

33,388,331

13.6

18,465,331

14.9

Sep 15

10,198

12.8

32,915,800

16.2

26,126,220

16.0

Aug 31

4,397

14.2

5,963,224

12.2

6,697,713

12.3

Aug 15

1,716

9.3

3,395,152

12.6

4,317,185

12.6

Jul 31

4,332

10.8

8,251,911

13.0

11,158,490

13.1

Jul 15

8,222

11.0

18,780,866

14.4

25,626,792

14.3

Jun 30

3,182

12.5

13,501,660

17.7

13,189,286

17.4

Jun 15

3,002

17.6

13,878,284

20.6

12,467,415

20.8

May 31

3,179

16.6

14,371,987

23.7

11,705,973

24.7

May 15

4,012

18.5

15,155,721

22.4

12,433,601

22.6

Apr 30

2,195

13.7

10,111,322

19.1

9,057,570

19.0

Apr 15

6,667

19.7

34,850,668

30.1

31,580,183

29.0

Mar 31

12,299

24.6

34,167,090

27.3

33,280,184

27.8

 


 

Maxmoe wrote:

 

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


 




<< Previous
Bullboard Posts
Next >>