Athabasca Oil Corp T.ATH

Shorts

[cahclick]

Well folks the shorts are still with us.

The Consolidated Short Position Report 
by iiroc was just posted today and shows the short position in the first two weeks of March grew by over 600,000 shares and stands at 35,247,454 as at March 15. This represents about 6.5% of float.

I'm surprised, again, to see it this high but THEY clearly feel they can make money here.

Anyway, just posting for everyone's info.

The link to iiroc is
https://www.iiroc.ca/sections/markets/reports-statistics-and-other-information/short-sale-trading-statistics-and-reports

glta

[lovehockey]

These are washtrading shorts mainly. Very simple - buddy A borrows 1 million shares and sells these shares to buddy B when there is a shortage of buyers. When it looks like a sell-off at lowered prices buddy B may pick up additional 200k shares at the same lowered prices. These short shares are not real because buddy A can always cover from buddy B. I think it is somewhat of a complicated game but

[Maxmoe]

There must be an arbitrage trade or pair trade on against the bonds. Or somebody or group has taken a beating all year! Either way, there is still a short of magnitude of the top few names like TD and MFC which are arb/pair shorts against index etf's and funds. I'll take glass half full or maybe overflowing with pent up buying.