Post by
Buckfinder on Oct 18, 2024 5:47pm
Comparison 15/08 vs today
Only for the TSX !!!
share price 15/08: 1,05 cad with 7 mio shorts
share price today: 1,65 cad with approx. 13 mio shorts
what does it mean?
YES the shorts had to nearly double their short position just to hold the stock under a gain of 50%... that's a fact
And the story of metalhead or globecruzer elsewhere that the shorts still have mega profits is bull sh...
That's paper gains... how will you cover 40-50 mio. shares in a bull market without a quadruple of the price (so the shorts loose) when they have to DOUBLE your short position just to hold the gains below 50%...
Makes no sense! They just missed the exit! Greed is good :-)
THANK YOU Mr.Young !
glta