Post by
slimjim11 on Feb 24, 2016 10:23pm
Globe and Mail likes STB
https://www.pressreader.com/canada/the-globe-and-mail-ottawaquebec-edition/20160224/282024736333387/TextView
Comment by
Jmarks1 on Feb 25, 2016 12:29pm
It's as if someone turned on a light switch! In the last month I've seen more positive comments about STB than during the last couple of years! All of a sudden all the negatives that where being thrown around are no longer valid?
Comment by
carmech on Feb 25, 2016 6:26pm
Never were all that valid. Shorts have moved on, so no need to spread disinformation.
Comment by
slimjim11 on Feb 25, 2016 6:34pm
The shorts haven't moved on yet, they're in a lot of pain. As of 2/12/2016, shares sold short were 1,785,329 and days to cover was 22.
Comment by
carmech on Feb 26, 2016 12:42pm
I'm thinking that a lot of reporting is weeks old. No short in their right mind would hold their position in a stock that has soared 20% in a few weeks. That leads to bankruptcy. I'm thinking a lot of the quick rise is due to short covering. That said, the stock looks like it wants to head back to it's old level in the 7's. Congrats to those with the cojones to buy below $5.