Post by
Holdrrrr on Jul 20, 2024 3:28pm
Shortsters are covering
In the past 2 weeks short positions (the ones public and visible), have declined from %1.95 to %1.2. Seeing as Peter owns half the shares, and there are many long investors here, I'd estimate this translates to %6 of tradable float was short, now currently %2.
It's the biggest covering I've seen, in a long long time. Judging by the news flow, price appreciation, fudsters desperation etc. I will make a guess that REALLY BIG news is on the horizon, I think within 30 days or so.
Comment by
WolfOakville on Jul 20, 2024 11:00pm
That's one hell of a word salad.
Comment by
Holdrrrr on Jul 21, 2024 2:48pm
Would my comments be more effective if I called myself "wolf" of something, and provided biased one sided "analysis" of financials, comparing a high-tech growth company the same way you would analyze McDinalds and then go short?
Comment by
cashbag111 on Jul 21, 2024 8:06am
there were 4.764,873 shares trade during that time,values at $4,206,202,and the shorts accounted for $155,619 of it,
Comment by
cashbag111 on Jul 21, 2024 8:10am
I'm of the opinion that day traders and algo traders have much more affect on the trade price and volume then the few short traders.
Comment by
filoux004 on Jul 21, 2024 8:17am
This 'short' narrative is getting old and tired. Show me firm contracts. Everybody is aware of the urgency of having the repriced warrants exercised!. Glta and DD
Comment by
Holdrrrr on Jul 21, 2024 9:38am
What's getting "old and tired" is you bringing up Mellon trust or moveable assets 7 thousand times, but we tolerate it, and I can talk about whatever I want.
Comment by
Holdrrrr on Jul 21, 2024 2:52pm
Tamaracktop you said the said the same thing months ago when the stock was at 40 cents. Don't look now but it has doubled. Its amazing with your outstanding vision you didn't see your beloved xebec collapsing, that one actually went to zero. Or your recent darling exro that collapsed $2.17 to 50 cents in short order.
Comment by
Holdrrrr on Jul 21, 2024 3:17pm
Further to that when tamaracktop was crying at 40 cents the stock was "going to zero", I challenged him to a bet for our accounts. Which he refused. The bet was it will hit $1 long before it hits zero, and whoever lost had to abandon their account. Well, obviously he lost. So he got lucky. But he was clearly wrong. And chicken. Period.