Signal Gold Inc T.SGNL

I am frustrated with the share price...

[iq4u]

...and I think all of us are.

But never the less I bought another 50k Signal shares.

Now 1,050,000 in the depot and waiting for the good times to come.

Kevin, rock it and start the booster!

GLTA

IQ

[specky]

Signal can't say if they are negotiating with a producer and having shares sold to push the stock down is an age old tactic to attempt a cheap takeover at depressed price. Shareholders more likely to take . 30 cents rather than . 50 to .75 or whatever the fair value is . Not sure if this is the case? 

[specky]

Can anyone share the short position?

[shiftyone]

Short position is not high.. it was 70 000 or so Jan 31.  That could all be covered now. It will be a few days for updated short position for mid Feb.  But I can't see many people shorting at the price it was trading.

[grapesofwrath]

Interesting that Kevin posted this on LinkedIn about a month ago about Canadian companies being targeted by investment firms: A significant number of Canadian companies have been the target of ‘short sellers’, who sell the shares of companies they don’t own, with the intention of covering their short position after sufficient damage has been done to the value of the share price. Those who do this

[NSbluenoser]

Interesting find!

[Benji 2000]

Just go on https://shortdata.ca/stock/SGNL.TO and you will see we don't have a lot of short with Signal Gold shares. Ask to Kevin why he posted that ?? Have a good day !!

[Tradernick]

Hi Folks, I encourage everyone to listen to this podcast ( a weekly endeavour ) from Crescat Capital. Listen to what Stanley Drunkenmiller is doing - famed hedge fund manager - with his Magnificent 7 positions. https://www.youtube.com/watch?v=NGQBkozpOBw Very enlightening .  Crescat mentions the "Great Rotation". Enjoy.  Things will reverse this summer. Dave