Post by
JoeBravo1 on Mar 15, 2024 7:02am
Short Interest Mar. 14 at 13.87 Million Shares...
I'm surprised the short interest is still that high. I would've thought a lot would have covered yesterday with the huge volume and sell off.
What's really interesting though is the games being played with all 3 Major Telecoms this morning in pre-market with the hugh bid/ask.
Doubt this will last by the time the market opens. Unless institutions are putting a squeeze on the shorts. Now that would be great, but for now it's only games.
Comment by
BSdetector2016 on Mar 15, 2024 7:24am
Yes it is game playing. I'm beginning to question the validity of TMX Money data. Perhaps there is a delay or March 14th data is for the open and not the close. With what happened yesterday a short could have closed his/her position, paid the dividend, and still make money. Why keep the game going with risk getting exponentially higher?
Comment by
Eastbank on Mar 15, 2024 8:15am
Todays bid/ask pre-market numbers merely a reflection of triple witching option expiries. Should settle down by the open.
Comment by
Fuergo on Mar 15, 2024 8:27am
Seulement sur le march canadien , ca va descendre
Comment by
tinkvid on Mar 15, 2024 8:33am
I would have thought shorts were covering too but don't they have until today to tidy up their accounts? The bid/ask is similar on most large caps too....ENB, CVE Must have something to to with the options contracts expiring? Triple or quadruple witching?