RE:RE:RE:Yes huge shorting showing weed will revisit 52 week lowagain, queen
1ash posts misiniformation - never quite sure if he does this on purpose or if he just isn't able to comprehend what he reads - probably a combination of both.
The rule changes related to 'naked shorting' only - and it was hardly the typical or normal way investors short stocks. Basically, you can no longer 'borrow' shares that may not actually exist.
Period.
Shorting will continue as usual - in fact, the regulation/legislation recognizes short selling as an important, accepted and completely legitimate way of trading.
Regardless, queentard's statement that naked short selling will no longer have the ability to drive the share price is nonsensical. How in the world does naked shorting or standard shorting drive down a share price?
Queenlash has long posted that Hexo's fall from $14 to .20 cents was a result of short selling - completely disregarding incompetent management who made bad decision after bad decision.
For your own sake, please dont take anything quin1lash says as fact - base your investment decisions on your own due diligence.
quinlash - (9/25/2022 1:42:26 PM)
RE:RE:Yes huge shorting showing weed will revisit 52 week low
moneywinner1 wrote:It could be the biggest volume of the month
the naked-short rules in Canada have changed, the ability to drive down the SP has been greatly reduced as a result. The race to buy back will leave the early covers with the best chance to profit while the rest will get scraps or buy back over their short positions