Post by
kavern23 on Sep 06, 2024 12:22pm
Short are going to circle...
Shorts are going to start circling and going in for some dive bombs soon....shorts are a nasty beast
Comment by
Hendrick3 on Sep 06, 2024 5:29pm
Shorts who are just starting to circle may have missed the boat. I would imagine the smart shorts are just looking for their best timing to cover having already shorted a couple of weeks ago. Such an illiquid stock moves lightning fast in both directions. We have seen the down but the up might be coming any day. CEO insider bought 20,000 shares reported today just under $4.
Comment by
TheRexmember on Sep 06, 2024 7:38pm
Truly shows the power of an NCIB on these names when liquidity evaporates. Stupidly accretive right now.
Comment by
kavern23 on Sep 06, 2024 8:18pm
Some companies used their ncib too early, I was cringin that Obe was buying back shares earlier this year...too early. first move I have seen Stephen do that I didn't like.