Post by
fullyautomatic on May 24, 2022 12:58pm
Short Churn
Thanks for the data Kav.. Looking good..
Latest 2week period showed shorts added 250k or so shares. Pile is now 5M shares!!
Fair amount of short churn, IIROC reports 25% of all of the trades made in that 2 week period were short sales or short covers. Total value of those trades in the 2 week period was $6.3M. Interesting that the churn has picked up, who are they unloading them on? or is it pure manipulation amongst the the main short holder?
I don't really have a theory, other than the steady presence of this short holder brings me the resolve required to hold all of my shares... Good Luck out there...
Comment by
kavern23 on May 24, 2022 1:49pm
It is truly bizarre to have even more shorts pile on...it's not like YGR needs to up capex for 2022 or something like that. Debt repayment is finally happening and should happen rest of 2022. Good luck man, I think you will get your 4 dollar plus for YGR. No good reason IPO trades higher then YGR. Companies like Cardinal Energy should get shorts pilling in at over 9 but YGR is bizarre.