GREY:XEBEQ - Post by User
Comment by
Ciaoon Apr 27, 2022 3:02pm
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Post# 34636528
RE:RE:Hiding SHORTING activity
RE:RE:Hiding SHORTING activityI thought the $143M SCS order was going to be an inflection point, but it doesn't appear to be so far. I'm thinking another large contract (BGX) will do it. Then we'll see how the market including the SHORT reacts.
TIll that happens it's important to track what the SHORT is doing as they have been a key factor in depressing the share price. Where do you think the share price would be if they did not short say 9M shares or are to cover 9M shares?
What do you think the inflection point would be?
kulewater wrote: Shorting on either exchange will be a moot point soon.
This company is twice the company it was at $10 and continues to execute. There will be a forced inflection point and once that happens all the chatter about short positions will evaporate as everyone becomes a cheerleader again.
Looking forward to the Q1 call.