RE:RE:JMHOAren't we lucky in Canada: It's the ongoing perfect example of the fox guarding the hen house.
The issue as described above is in HOW the shorting is done i.e. the "naked" shorting.
The players are sufficiently well funded by their own street firms, some of them banks (both Cdn and U.S ones.)
I'm not smart enough to explain in detail the overall strategy here but, because a lot of Bombardier shares are available to be "borrowed" in the institutions who are shorting, it's considered legal as long as the shares are on the books somewhere in the "institution" at "sale" time and, can be borrowed.
It's just book entries. Look, the banks own their own trading platforms. And then they have 10 days to report. It's a fu?king joke!
IMO the shorting volumes are still modest these days. Note that a percentage of those "short" shares are hedging long positions (amounts negligible in the context of large institutions), and besides Bombardier's management has been very solid in delivering the promised goods (how refreshing). As mentioned earlier, I hope we see a book-to-bill at or above 1 and a strong guidance.
GLTA