RE: Huge Increase in short PositionFunny thing is that May of this year a similar thing happened with Sherritt International, except shorts were reduce by 1.6 million. Why it was similar was the trading stats did not support this volume, in Sherritts case there was not enough volume period, in Westaims case no single house has enough trades. Except Griffiths. Would they have the nerve to short when they have been retained by Westaim to increase shareholder value. I don't think so, or I hope not.
Also notable is that Delaney is involved in both of of these stocks, as well I believe there are other common directors.
What does this mean, I have no idea?
Anyone got any thoughts, I am stumped. Is it possible an insider is hedging his options, with Griffiths.
later
geno