Post by
MaxMach on Apr 07, 2021 9:13am
Super low short position.
I'm not sure if some are intentionally trying to mislead people into making a poor investment decision or if they don't understand shorting well enough to know that their numbers mean nothing. Anyone with half a brain can look at the DML chart and instantly see that it is not an equity that would be highly shorted, absent perhaps its short run up to $2.29 which most would have likely covered by now.
The outstanding short position stands at roughly 1%, well below most stocks. Don't be mislead by people that are posting useless information in defence of their own poor decision making.
Comment by
RayDonovan78 on Apr 07, 2021 9:39am
Anyone with half a brain would know the difference between an investment and a gamble. And anyone with half a brain would know posting on these board do not influence the stock......Just posting the FACTS !!
Comment by
RayDonovan78 on Apr 07, 2021 4:00pm
This coming from the "hockeyplayer" who follows a black dot on a white surface...Lol....Your like most hockey players....You cant read as I post the FACTS daily and nuclear may be the future but not ant time soon !!! Keep dreaming !!! SEE YOU SUB $1.00
Comment by
autofocus111 on Apr 07, 2021 10:55am
Ray, Obviously DNN is a speculative play. But anyone with half a brain knows that the 'short volume' data you keep posting is meaningless. DNN is a high risk/reward venture, since a positive long term outcome depends not only on a global recovery in U prices but also the successful execution and ramp up of DNN's mining project.
Comment by
RayDonovan78 on Apr 07, 2021 12:14pm
Anyone with half a brain would know it is not meaningless. When daily short volumes are high it tells you that the stock is either being day traded or manipulated.....And if it was meaningless just ignore the posts, Right !! Facts are Facts, You are correct about the "high risk" See you SUB $1.00
Comment by
MaxMach on Apr 07, 2021 1:18pm
But its not the daily short volumes. It's a percentage of the outstanding short position to the daily volume. A completely useless number. But, if you want to rest your hat on it and believe that the stock is going to $1.00, that's your prerogative. I completely disagree.
Comment by
autofocus111 on Apr 07, 2021 3:55pm
Ray It absolutely is meaningless to anyone that is not a daytrader. Are you a daytrading DNN?
Comment by
RayDonovan78 on Apr 07, 2021 4:06pm
Nope, As I said before I did 3x and 4x on the recent run up and have 2x many times in the last 10 years..... Just sitting back waiting to do it again. Anyone who puts money buys at this level is gambling, nothing more. It will drift back down sub $1.00 its just a matter of time.
Comment by
autofocus111 on Apr 07, 2021 4:39pm
Ray, Swing trades work... until they don't. The next ten years will not look like the last decade (unless you think another reactor metldown is coming), and DNN has been repriced to reflect this more positive forward view as well as the fact that they have meaningfully advanced their project and the timing to bring it online looks pretty good now. I doubt this will go sub-1 again.