Comment by
Smiles62 on Jan 23, 2021 5:46pm
Great stuff, thanks. Wonder who 01 is? He is selling alot, or is that distribution among friends? They are squeezing this thing to death, when will we see the next run up to 0.40 again? The chart is really looking good. Again we need to see sustained small contract signings, at least once a week. cheers all.
Comment by
Yo_Dog on Jan 24, 2021 8:33pm
Does anyone know the short position on this one? The data i have, which i have low confidence in, shows 2.4M shares short on Jan 15. That doesn't include the naked shorts which likely will add a lot to the total.
Comment by
Smiles62 on Jan 24, 2021 9:45pm
Wow, that is quite a bit ! Is it trending higher, do you have the history of previous months? thanks.
Comment by
Yo_Dog on Jan 25, 2021 7:32am
check this link https://shortdata.ca/stock/IP.CN/
Comment by
Smiles62 on Jan 25, 2021 7:53am
Thanks for that link. There seems to be a direct inverse correlation between these short volumes and the 2 sp peaks (with volume) we had in July and September, that to me suggests that the shorts are controlling this stock. Until we get a few more forces like SI on board to counteract the shorts, we need to follow that trend.
Comment by
Smiles62 on Jan 25, 2021 8:37am
The positive side of this is according to your chart the volume of shorts is starting to rise, so based on the past two rises, the sp will give us a quick jump soon and then there should be a sp correction again.
Comment by
Smiles62 on Jan 25, 2021 10:25am
Already have my 50K lots lined up for the run. Selling at 0.235, 0.245, 0.275, then in the 30s.