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Bullboard - Stock Discussion Forum Doman Building Materials Group Ltd CWXZF


Primary Symbol: T.DBM

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 21 treating... see more

TSX:DBM - Post Discussion

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Post by Donwaan on Nov 24, 2023 4:20pm

Shorting

From Struthers report: There are about 18,000 US public companies and there is on average $135 billion per day in short selling.That is a huge number! DBM has a significant short position that potentially could distort trading.
Comment by pennydredful on Nov 24, 2023 7:23pm
As I  mentioned before professional US   Shorts   love   to play  in  Canada   as  unlike   the   United  States   there   is   no  DOWN TICK RULE ,  that stipulates  short  sales  must be made on a up tick or side tick NOT  a down tick.  Foolish ...more  
Comment by Donwaan on Nov 26, 2023 4:40pm
There once was a short named Shortie who drove a car that was real sportie How was he to know that whenever there was snow he'd lose control and crash it Which brings me back to shorting When the regulators start requiring reporting poor Shortie could lose it all
Comment by okgonow on Nov 27, 2023 10:21am
"); display: inline-block; height: 24px; width: 24px; transform: rotateZ(-180deg);">  are    Short interest as a percentage of float below 10% indicates strong positive sentiment. Short interest as a percentage of float above 10% is fairly high, indicating the significant pessimistic sentiment ...more  
Comment by Donwaan on Nov 28, 2023 12:12am
You could be correct about that okgonow. The short position has steadily increased from .20% on 05/31/2021 to 3.76% today if that is of any significance. ps (my apologies to the board from the rather lame Shortie poem)
Comment by Red_Deer on Nov 28, 2023 5:43am
Hey DonWaan__Going ALL the Way BACK to 2021 seems SomeWhat IRRELEVANT due to the COVID FACTOR One Time EVENT And the Short Position HAS NOT Steadily INCREASED__Has REMAINED Pretty Much at the SAME LEVELs the Past YEAR Now.
Comment by TheBridge on Nov 28, 2023 10:04am
Donwaan, I liked that poem!
Comment by Donwaan on Nov 28, 2023 12:45pm
Thanks!
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