North American Financial 15 Split Corp T.FFN

Short position

[AnEducator]

It will be very interesting to see where the short position stands in the next update. It stood at just below 300,000 shares as of March 31. A large position would generally provide natural downside support. One should be aware, however, that the numbers, when released, will be dated. I would assume many positions would have been closed given the surprisingly strong earnings from the U.S. financials. I would certainly not be pressing my luck here if I were short.

[mouserman]

Yes , they only give us the numbers twice a month, and by the time we get them 4 trading sessions can have  occurred before we see the numbers .  It seems the FEd and big banks have papered over the problems for now, but many are saying we will see more cracks in dike, when the FED raises the interest rates again. Warrne Buffet amongst those saying there is still some problems with

[mouserman]

It appears there was some shortcovering to the 15th of April, apparently some are of the belief the financial problems are all fixed. We will see in the not too distant future how that belief holds up. FED will almost certainly jack up the rates again , at least once. They do not care about how it affects housing , and credit card debt, ( the poor folks)  only the effect it MIGHT have on

[mouserman]

Here is the short position to April 15... not much of a short postion really, and not much of a change. Short Positions for FFN Symbol Report Date Volume Change Shares Issued % Float T : FFN 2023-04-15 271,500 -27,375 55,047,887 0.49

[EdPaquette]

Maybe I'm just crazy, but i bought 5000