Bullboard - Stock Discussion Forum Fobi AI Inc V.FOBI

Alternate Symbol(s): FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences and drives digital sustainability by... see more

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TSXV:FOBI - Post Discussion

Fobi AI Inc > Feel that whoosh?

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Post by Seelow7 on Feb 22, 2021 10:43am

Feel that whoosh?

That was Empower Clinics blowing by $MTRX. 40million shares traded in 3 days. $2.22 sp and climbing. What does $CBDT have that Loop doesn't have? Oh yeah, a massive wall of short sellers. GLTA Stay strong #LoopArmy

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Comment by Guttermouth70 on Feb 22, 2021 11:25am

What's the actual short position on Loop? I've seen posts of 15M and 715,000. Anyone have the actual number to share?

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Comment by pacer217 on Feb 22, 2021 11:46am

According to CDN Insider, as of Feb.15th posting, the shorts dropped from about 720k down to less thann 200k -- almost nothing. NOT an issue, leading up financials which should be out this week.

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Comment by Guttermouth70 on Feb 22, 2021 12:32pm

So, essentially no one is shorting loop at this time. We just need some deals. Anyone heard anything lately on Uklips?

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Comment by HTNYC1 on Feb 22, 2021 2:07pm

That was my question as well from last week when people were touting the massive short numbers. I couldn't find any sources over the one that i cited that has it at 1.1m but hasn't been updated since feb 15th: https://shortdata.ca/stock/MTRX.V/ My take is that shorting definitely occurred but has dramatically eased since then but the process of the death by 1000 cuts has dented the ...more

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Comment by Guttermouth70 on Feb 22, 2021 4:25pm

Thanks NTNYC1. Also, isn't naked shorting when there are more shares shorted than available to be traded?

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Comment by HTNYC1 on Feb 22, 2021 4:28pm

Correct. It's when the shares short exceeds the free float and so people are effectively shorting stock that cannot be bought back if needed. It's also in theory, illegal, but i'll leave the minor ethical and fiduciary technicality for regulatory minds far smarter than my own...

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