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Bullboard - Stock Discussion Forum Sienna Senior Living Inc T.SIA

Alternate Symbol(s):  LWSCF

Healthcare
Sienna Senior Living Inc. is a Canada-based senior living provider. The Company offers a full range of senior living options, including independent living (IL), assisted living (AL) and memory care (MC) under its Aspira retirement brand, long-term care (LTC), and specialized programs and services. The Company owns and operates senior living residences in the Provinces of British Columbia... see more

TSX:SIA - Post Discussion

Sienna Senior Living Inc > Shorts Seem in Full Control...
View:
Post by joebravo on May 25, 2023 7:18am

Shorts Seem in Full Control...

I don't see any other reason the share price falling like this other than shorts or panick selling.

Sienna showed strong and improved fundamentals all around last Quarter and yet the market is not rewarding it as they have done with Extendicare and Chartwell.

The share price is lower now than when it was when Sienna showed net losses just a few years ago.

In the US, the Dept. of Justice is about to announce actions against short selling.  Hopefully Canada takes notice.

US DoJ To Take Action Against Short Sellers
Comment by joebravo on May 25, 2023 7:40am
Just as the day before, yesterday saw a dump of 58k shares in the last 15 minutes of trading at the bid to bring the share price down. My suggestion is that if anyone wishes to buy, don't chase the price, but wait until the end of trading and put in a stink bid. Shorts are selling high, and wanting to bring the price down in order to cover.  There are still over 1.7 million shorts out ...more  
Sienna Senior Living Inc
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