TSX:HOT.DB.V - Post by User
Comment by
borne2runon Sep 13, 2023 6:08pm
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Post# 35634892
RE:RE:flamingogold
RE:RE:flamingogoldAnd the Shorts are right.
I don't short stocks, will use option strategies, no options on AHIP.
Q2 earnings were released August 8th.
Stock traded sideways for about a week.
When price dropped below the 2023 low ($2.30) mid August, the shorts went to work, building their positions during the week before Labor Day.
Push the stock price below $2 and the stop loss (take loss) orders wipe out the retail bagholders.
So far, this is just an equity phenomenon. Debenture holders don't seem to be concerned as the debentures continue to trade in the $83 - $85 range.