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Bullboard - Stock Discussion Forum E3 Lithium Ltd V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based lithium resource company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company’s Clearwater Project is located between Red Deer and Calgary in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions... see more

TSXV:ETL - Post Discussion

E3 Lithium Ltd > Please note the short report
View:
Post by Markcalgary on Sep 12, 2023 12:06pm

Please note the short report

Between Aug 15 and Aug 31 short position increased by 1,188,280 shares from virtually nothing.  

I use Interactive brokers here in the US...... there are very few shares held this side of the border if the shares available 
for shorting are any barometer.   Someone has to be pretty ball$y to short .  

Glad I am not them.  They are at least 1.2 million in the hole if not more.  I assume they are listed as anonymous in the broker listings, as no one else
has that kind of net sales over that time period.  

The stock is way up in a very short period of time...... Profit taking is never a bad thing.  There are no options for covered calls.

GLTA
MC
Comment by Greatvac1 on Sep 12, 2023 12:25pm
Short sales are only given out twice a month, quite possibly the sellers have already covered if they are in tune with what is going on with ETL.  
Comment by Wanderer1187 on Sep 12, 2023 1:11pm
I can't wait until E3 uplists to NYSE or NASDAQ so that I can start using options to generate income on these shares. Don't plan to sell for 10 years
Comment by TimeTooSoar on Sep 12, 2023 4:56pm
Traders can do tricky things. Seeing a brokerage house short doesn't mean the shares weren't bought up in another account. The cross trading between brokerage houses can be like algebra.