Post by
mouserman on Dec 02, 2020 10:34am
Some shorts dumping today...
Or these folks need money so taking some profits. Altho i do suppose there could be tax-loss seling if they were on the wrong side of some trades at one point this year.
At any rate LBS unit NAV is flat today, NOT down .10 .. as that is how much the traders have knocked the commons price down today.
AGAIN , LBS a buy here today, trading at a discount. Always have some cash ready thave stink bids in , well below the NAV for LBS...
At this point 5 of the 10 are up. Its a wash.... bank Q reports today were OK , not much negative there.
Comment by
ol_griz on Dec 02, 2020 10:39am
I take a wash as positive at this stage of the COVID-19 cycle. And I also took the shorters' shares!
Comment by
navgod on Dec 02, 2020 11:33am
Bought 10000 today in the mid 40s and guarantee that shorts did not sell them to me. Mouserman, I believe you see a short behind every down move :). I seriously doubt there has been any significant short interest in this stock. Still happy with my short in DFN and looking at another candidate. GLTA
Comment by
flamingogold on Dec 02, 2020 12:21pm
I'll pick up some more if it hits in the $5.60 range. Sounds low but just in case it gets sideswiped on any tax loss market momentum I am ready.
Comment by
ThatAlbertaGuy on Dec 02, 2020 1:05pm
Im with you flamingogold , I think we will see sub 6 with end of year sell off as well just the overall market correction . To each their own as well.
Comment by
EdPaquette on Dec 02, 2020 12:40pm
Bought 10000 today in the mid 40s and guarantee that shorts did not sell them to me. Mouserman, I believe you see a short behind every down move :). I seriously doubt there has been any significant short interest in this stock. Still happy with my short in DFN and looking at another candidate. GLTA [/quote]
Comment by
navgod on Dec 02, 2020 12:52pm
Listen I appreciate Mouserman's contributions particularly NAV estimates for Quadravest but "access to behind-the-scenes info" sounds like something a Trump lawyer would come up with.
Comment by
anubis44 on Dec 02, 2020 2:37pm
I'm holding 13,100 shares, avg. cost $5.53. I'm not seeing any indications in the XLF that the financials are setting up for any kind of pullback. Sitting tight and watching for any change in the financial sector. I'm looking for $7.80-$8.00/share price range.