Short ChurnThanks for the data Kav.. Looking good..
Latest 2week period showed shorts added 250k or so shares. Pile is now 5M shares!!
Fair amount of short churn, IIROC reports 25% of all of the trades made in that 2 week period were short sales or short covers. Total value of those trades in the 2 week period was $6.3M. Interesting that the churn has picked up, who are they unloading them on? or is it pure manipulation amongst the the main short holder?
I don't really have a theory, other than the steady presence of this short holder brings me the resolve required to hold all of my shares... Good Luck out there...