RE:RE:RE:RBC is the new Velocity?
corton68 wrote: unless they don’t actually own any stock, and this is a huge short. This much stock is only held by a handful of shareholders, and I can’t see any of them being party to this. This smells all the way to the short bank......and they seem obsessed with the 90c level even trying before the close to push the stock down in the last few minutes. LB has to tell us something about this nutcase - a term I use sparingly given what rational person would short a stock this close to opening? Only a nutter whose out to prove a point?
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There is actually a new and large short position. 15 October shorts were 16,773. Dec 15 it's
1,431,751 So that's your spreader of fud and ghost seller. Back in the day those orders above the market were referred to as "gtc". Good 'till close. Close like near, not close as opposed to open. It's a mugs game to even try to manipulate a stock. Reality and fundamentals will always prevail. So long as you're certain shorty is dead wrong, you've nothing to worry about. Investing in juniors is not without risk. Shorting juniors is much riskier vs return than going long because of the return profile. The most shorty can make is 100%. In theory, our upside is infinite. But a 2X or 3X is plausible.