illumin Holdings Inc T.ILLM

NASDAQ up 300 points

[retiredcf]

And after starting out in the green, we're now in the red. Given today's NASDAQ strength and our seriously discounted SP, IMHO, there is no way this should be happening unless the shorts are extremely determined and/or this stock is being played. GLTA

[truthis0utther3]

...or maybe you are just wrong about the stock??? I highly doubt shorts care about this stock anymore. 

[Torontojay]

You're wrong again.  As of Jan 15, I get that 26.3% of total volume of trades is being shorted. This number has been trending up compared to last report. The short trade volume on this date was 2,092,761.  I would say the shorts have a good amount of influence on the stock price at the moment.   

[truthis0utther3]

Short interest information on TSX is notoriously bad. I've seen what you quoted where they don't provide a source and I've seen as low as 1 day to cover. Very difficult to know the truth. I highly doubt such a large short interest on a share price of less than $4.. risk/reward does not seem great. Many better short plays out there. This one likely goes sideways to down for a long time

[growthnprosper]

The problem with AT is Tal. No material press releases, no aquisitions and 100m cash doing nothing for almost a year. He does not give a sh*t about shareholders that's obvious. Why hasn't he been fired? The Company may be growing but mgmt need to start communicating with their shareholders.

[retiredcf]

There's truth in what you say regarding better communications. A prime example today is WELL. Like AT, it's SP has also been clobbered but they just came out with a business update (details provided by TD) and the stock has finally significantly moved higher. No reason that the same thing couldn't happen to AT (as we know, TD would be all over it), provided of course that they have

[growthnprosper]

Tal is the issue.........he does not issue press releases at all and he dresses like a bum. The Company is growing well but that's not enough. Shareholders want to hear positive news on a regular basis and that he is not doing anything on that front. His conference calls are also a disaster. He refuses to give guidance and give forward positive comments. In my opinion he needs to be replaced

[truthis0utther3]

If you knew how many shares owned by founders and who controls the BOD (start with "T" and ends with "L") you would know that the chance Tal is replaced against his will is exactly 0.  

[snowpest]

You are right they probably don't have any positive development to report, they would have shared good news if they had any like they did January 2021 when AcuityAds Provides Update on the Adoption of illumin.

[prophetoffacts]

This post has been removed in accordance with Community Policy

[argon12]

Thank the good Lord he's frugal with the cash and hasn't over paid for a company in the past year. The valuations on potential acquisitions has come down dramatically. Who knows?- if the stock really craters he could buyback stock with some of it. CASH IS KING NOW.