Argex Titanium Inc. ARGEF

anybody look at the open shorts position lately?

[Kongratulation]

It is time for this Troll to asl one difficult RGX question for you:

quote=Napoleon001]My own posting history shows that I was also asking difficult questions on the HPQ board...[/quote]

 

How do you explain a 4M increase in the short position in the last 2 weeks?

 

You will agree that people placing a short bet on a stock are either:

 

1. People with inside knowledge of future financing that are pre-selling shares to participate in financing;
2. People that do not believe in the company future or people that have concluded that the share price is over-valued...

I have been looking with interest at the ever-increasing short bet against RGX (All number from IIROC report):

 

• January 15 2019, Open short on RGX: 844,000 average price $0.05
• January 31 2019, Open short on RGX: 505,000 average price $0.058
• February 15 2019, Open short on RGX: 587,300 average price $0.048
• February 28 2019, Open short on RGX: 4,501,000 average price $0.05

 

At first, when I saw the PR about the financing, I assume that the open shorts position until February 15 were related to the PP...

 

But when I look at the 4M increase in short position during the last two weeks, I must ask, are things going as well as what the Company is claiming?

 

Unless this is part of organized trade with insiders, the short is either a very fullish bet, or some people not more then they what is being said...

 

Just asking...

 

[johnsr1]

I just checked iiroc and the last short report was Feb 22 which indicated approx 138000 short. Not sure where you are getting your numbers from? https://www.iiroc.ca/Documents/2019/1f13e981-b32e-4428-92a7-719d9516616d_en.xls John

[johnsr1]

138733 short to be exact.

[Kongratulation]

Sorry but, Feburay 29 report is 4,501,000 shares short... This is the link...IROC

[Kongratulation]

Dowload the report and then go to line 1943.... is there 4,501,000 open short as of February 29...

[Jacksha]

At this price, with the latest news in hand anyone who is short is either asleep on their investments or a masochist. 

[patience123]

My guess?  It was a very poorley placed bet.  The new info on the insiders taking more shares could be a catalyst for a small run here.   People are looking for a reason here to flip that switch in there head from spec play to “ ok now its time to buy”. If that happens the sp could get hammered by the fence sitters.  And if that happens, we would most likely see the shorter try

[footloose]

i agree selling at this time when insiders are taking shares or warrants as a salary can't be all wrong,for me i added another chunk at 4.5,it was a strange purchase,i deal with tb bank and put my bid in the night before at 4.5 for 100000 shares witch they told me my bid was more than was for sale but i said leave it like that,next morning i went to check pre bids in case i wanted to make

[panamax]

On top of that the financials don't make much sense either. A max of $70K if Argex were to go bust vs a far greater loss if they can't cover a run-up fast enough? If it's someone trying to manipulate the SP I hope they get incinerated!   On the OTC Pinks side short interest is minute, w/ a grand total of 216,425 shares outstanding that I can see on my side  Have owned this

[Napoleon001]

Considering that every insider here either just added or took salary in shares I'm thinking you should be more concerned with your business at HPQ.

[Ontario1]

It's 1 % of the outstanding shares or the volume of 1 good trading day.