Prodigy Gold Inc KXLAF

Shorts...

[red911]

Will be interesting to see how PDG short history changes for second half of Jan... released after close tomorrow... rather large 700K short position slapped on PDG during first 2 weeks of 2011... If short position has increased from this level I will be buying more sub-30 cents if available as these shorts could easily get caught in a squeeze IMO as potential for an actual good news release is too great. If short position has actually been reduced while share price tanking of late... then that not good sign for longs IMO. DYODD.

red911

Short History

		Symbol	Report Date	Volume	Change
		PDG - V	2011-01-15	735,972	735,972

[hrattle]

Red have you become a contrarian?  An increase in short positions usually means there is an expectation of further weakness and when shorts cover it usually means they believe a bottom has been set.If you had taken that view before the current 700K short you would have lost....

[red911]

I see the 700K shorts as of Jan 15th as an abnormally large position that came out of nowhere that could possibly explain recent weakness here.  If this is the case... IMO and IMO only... the selling we saw to 23 cents was likely overdone given the prospects here going forward.  Therefore, my point was that a stock like PDG that has been driven down by shorts sometimes represents a

[conrad3]

This post has been removed in accordance with Community Policy

[RODBUSTER]

hahahahahahaha - now that is funny, Red asking Red a question, go figureLook out, the pump is starting, mellow and is predictions should come out soon, the day traders are hard at work

[conrad3]

This post has been removed in accordance with Community Policy

[red911]

Technically... chart looks like we could be in for a strong close... now at 28.5.  JMHO.red911

[RODBUSTER]

atleast this time you logged out, hehehehehehe, you didn't make a bigger fool out of yourselfToo obvious, Red as been pumping SGX and PDG for 3 years, you wonder why?????The SP speaks loud and clear, we don't need Red for technical analysis, actually, as soon as he post, the selling starts again LMFAO, what an idiotYep, the closing might be strong

[hrattle]

What's your trading strategy re: PDG?Sorry I missed your question before.  It's difficult to have a set strategy when juniors like PDG are news driven.  It is simply a case of analysing the fundamentals and weighing the risks at a particular time.  I tend to do this more seriously when news is expected in the next month or so but of course it is the unexpected news that