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Bullboard - Stock Discussion Forum Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s):  WLBMF

Wallbridge Mining Company Limited is a Canada-based company, which is engaged in the exploration and sustainable development of gold projects along the Detour-Fenelon Gold Trend in Quebec's Northern Abitibi region. The Company is focused on advancing its 100% owned Fenelon project and Martiniere project. The projects are situated within the Company's approximately 830 square kilometer (km2... see more

TSX:WM - Post Discussion

Wallbridge Mining Company Ltd > +1.3 Million Shorts
View:
Post by Reachme on Apr 14, 2021 4:25pm

+1.3 Million Shorts

Short Report Mar 31, 2021Shares Shorted: 7,175,736 Net Change: 1,330,652 Mar 15, 2021Shares Shorted: 5,845,084 Net Change: -364,681 Feb 28, 2021Shares Shorted: 6,209,765 Net Change: 122,104 Feb 15, 2021Shares Shorted: 6,087,661 Net Change: 438,368 Jan 31, 2021Shares Shorted: 5,649,293 Net Change: -21,969 Jan 15, 2021Shares Shorted: 5,671,262 Net Change: 1,997
Comment by Silverspot225 on Apr 14, 2021 4:52pm
This company is an easy victim, hence the multiple shorts on it. Wish I took a short position, maybe I will! Company needs some good news desperately. All my opinion of course just the way I see it. Silverspot
Comment by Reachme on Apr 14, 2021 4:58pm
Results will come out soon....stay positive Glta
Comment by satchmo6 on Apr 14, 2021 5:24pm
we  need to remind our brokers that if they trade our shares---they will be in a conflict of interest
Comment by crude on Apr 14, 2021 7:10pm
The only way to stop SHORTS is to put your shares up for sale at a price well above what you really want for them (7.00 ) or more.for 60  days or more The banks can not loan shares to short if they are under contract ( for sale ) and this takes a team effort (everyone )
Comment by jcw604 on Apr 14, 2021 8:46pm
From ceo.ca, it is 7.14m shorted. What you are saying is that we don't put any shares to the ask queue, but when we find good bid prices, we simply sell it at market? Is that how we can fight against the shorts or they have ways to get around it?
Comment by jcw604 on Apr 14, 2021 8:49pm
After reading your message again, I think I know what you mean. However, can they still do naked shorts?
Comment by jcw604 on Apr 14, 2021 9:10pm
Someone suggested that as long holder's of WM, we can submit a good till cancel order for all our holdings asking at e.g. $4.00. Once our shares are placed on the ask queue on the trading system, they are no longer loan-able. I.e. the banks or brokerages can no longer lend our shares to the shorts. Do you think that this will work? Can they still do naked shorts?
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