GREY:XEBEQ - Post by User
Comment by
Ciaoon Feb 23, 2022 10:44pm
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Post# 34456400
RE:RE:Short interest, naked shorting to distort the share price?
RE:RE:Short interest, naked shorting to distort the share price?Tony, there is no doubt that XBC's share price declined based on company specific issues (on missed 2020 guidance and other revisions) and the overall cleantech market correction. The extra push into deep value territory IMHO is the work of manipulative shorters. I've mentioned short interest a few times and the shorters want to protect their large short position (esp. killing any rallies). It's not too hard in this market environment to spook sellers with additional short selling by hitting the bids and or large sell orders.
Some of us believed they would start covering their short position after Q3 / tax loss selling, but they haven't. The current environment of fear favors them. However, some of us like yourself understand compelling risk / reward and are stepping up to support the stock. Hopefully fund managers will do the same and may be more inclined after Q4.
tony08 wrote: Very interesting Ciao
This morning i posted on the reasons why the share price is so low, saying it was not just because of shorters.....
I must admit that i did'nt know nothing about "naked" shorting......