Bullboard - Stock Discussion Forum Balmoral Resources Ltd BALMF

Metals & Mining Industrial Metals & Minerals

Balmoral Resources Ltd is an exploration stage mining exploration and development company. It is engaged in the acquisition and exploration of gold and base metal properties in Canada. The principal focus of the company's exploration activities are the properties comprising its Detour Trend Project in Quebec.

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OTCQX:BALMF - Post Discussion

Balmoral Resources Ltd > shortsqueeze.com/data.php?symbol=balmf&submit=Short+Quote

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Post by surveyor2582 on Jul 26, 2017 2:40pm

shortsqueeze.com/data.php?symbol=balmf&submit=Short+Quote

BALMORAL RESOURCES	$ 0.52
BALMF	-0.01

Short Interest (Shares Short)	142,300
Days To Cover (Short Interest Ratio)	2.2
Short Percent of Float	%
Short % Increase / Decrease	-1 %
Short Interest (Shares Short) - Prior	144,400
Daily Short Sale Volume	%
Daily Naked Short Selling List	No
Short Squeeze Ranking™

% From 52-Wk High
% From 52-Wk Low
% From 200-Day MA
% From 50-Day MA

Shares Float
% Owned by Insiders
% Owned by Institutions
Market Cap.	$ 65,254,800
Trading Volume - Today
Trading Volume - Average	64,100
Trading Volume - Today vs. Average	0.00%
Earnings Per Share
PE Ratio
Record Date	2017-JulB

Comment

Comment by Chaulkdust on Jul 26, 2017 2:53pm

Not sure how to quite interpert this chart. 144,000 BAR shares sold short by someone who hopes the price will go down so they can buy them back at a lower price? Person has 2+ days to cover and pay the bill?

Comment

Comment by surveyor2582 on Jul 26, 2017 3:53pm

They do not plan on buying them back. They borrow our shares, bet that the share price will fall and then try to lower the price by dumping large lots of borrowed shares. This makes no sense to me either but apparantly it's legal.

Comment