Post by
Trytobelong on Apr 23, 2021 10:35am
This crazy morning
is caused by the shorters tring to cover at lower price... we will finish in green !
Comment by
retiredcf on Apr 23, 2021 11:33am
The short position is relatively modest (2.4% in Canada and 0.9% in US), however, BNN apparently indicated this morning that there is now an active short seller which would certainly explain this morning's SP weakness. On the other hand, it also sets things up for a powerful short squeeze. GLTA