GREY:XEBEQ - Post by User
Post by
Ciaoon Mar 17, 2022 10:25am
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Post# 34521680
SHORT to cover
SHORT to coverWith Q4 out of the way with today's call, it has been revealed that the SHORT(s) have distorted the share price into deep value territory to fool those into believing that the company was in dire straits.
The SHORT will not want to cover, but they may reluctanty do so. There's a 10M short position out on XBC/XEBEF combined. Perhaps one SHORT owns a majority of them. Covering will not occur in a day, it will be over a period of time which provides some consistent buying pressure. They may even continue to short to protect their position.