Short trading details (and other stuff) More top line information on the short trading and volumes on PHD.
The last 6 weeks have seen a significant increase of trades coded as short out of the total volumes. The most recent 6 weeks have seen another 1% of PHD trade, with 40.4% shorted.
Accumulation has been slow, but steady (with the exception of the trader manipulating the stock taking the first 2 weeks of January off for his holidays - obvious much lol), and as @givemeabreak1 pointed out (although he claims to not be invested here....lol), there was significant interest in the 6 weeks following PHD hitting the rediculous low price of 0.02 on October 18th with over 3% trading in the first 6 weeks following the low.
However another 2% of the company was traded during weeks 6 -12 which is signicant volume, especially for a company that is awaiting financing and drilling.
The most recent 6 week period has traded another 1% of the company - with 40.4% coded as short - someone is definitely gambling against PHD and the financing, drilling, and gold in ground, gold at surface, gold on ground which is the future for PHD.
It's so nice to know that @givemeabreak1 and @kozmot have our very best interests at heart...despite claiming to not be invested here - they must have time to burn. After all, with someone trading over 7 figures, we spends a lot of time here complaining.
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Comment by givemeabreak1on Nov 28, 2021 12:43am
RE:RE:Droit Must be in Pain!
Heartstroke
I am good TY
My portfolio is 7 digits and growing. I make more in a month on the market than you probably make in 10 years. Meanwhile my full time job ie custom building has been killing it though I suspect the Canadian Real Estate market is about to blow up! That said, I have liquidated everything except my own home and 2 lakefront properties and am building 1 at a time with no specs.
One in 4 scary Canadian Homes been purchased are from investors not home owners. Yike hot money even a hint of things going sideways and it will get ugly. Amercican funds biggest short is the Canadian Housing Market food for thought!
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so @givemeabreak1 disagrees with my analysis ... who cares? he doesn't provide any analysis, doesn't use any numbers, and trash talks anyone that provides any DD whatsoever. He does of course claim to be a shark amongst minnows, and apparently is well renowned on Bay Street as well.
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Comment by
givemeabreak1on Jun 08, 2022 2:17pm RE:RE:When Will The Drilling Begin?
I am not a minnow. They call me the Baracuda of Bay Street.
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@kozmot has some interesting conversations going on over on HAWK.v with none other than the CEO himself on the BB - you should take a look over there....one question he refuses to provide an answer to is "are you short stock on HAWK." , although he has admitted publically he doesn't own any stock....he refuses to admit, or to deny he is a shorter of the stock.
anyway, back to the real info that is on hand. Biweekly short positions and biweekly volumes included below.
| Short | biweekly | Volume |
| Report | Volume | Shorted |
| 30-Apr | 120,800 | 55% |
| 15-Apr | 337,000 | 45% |
| 31-Mar | 245,804 | 26% |
| 15-Mar | 53,185 | 0% |
| 28-Feb | 54,650 | 73% |
| 15-Feb | 90,978 | 0% |
| 31-Jan | 263,300 | 2% |
| 15-Jan | - | 0% |
| 31-Dec | 257,991 | 24% |
| 15-Dec | 454,872 | 0% |
| 30-Nov | 567,650 | 4% |
| 15-Nov | 1,181,680 | 1% |
| 31-Oct | 991,300 | 0% |
(October 18-October 31 only as I used the same timeframes as my previous post on the subject)
As for Ron, our CEO buying stock on the open market - again - still
Ron has purchased 1% of PHD on the open market as the little insider link up at the top of this page will show - that is not insignificant at all
- did he just participate in a PP at 0.07, well above market - yes
- does he buy slow and steady on the market - yes
- does he buy to support the share price - yes
- did he and others of management just waive their fees for 2022 - yes
- they could have taken shares for debt instead? did they? - NO
if you haven't yet, you can always read the open letter .....
https://providencegold.com/presidents-2022-yearend-open-letter-to-shareholders/
I own stock in PHD....do you?
I don't short PHD - do you?
cheers folks....time to enjoy the weekend