Gensource Potash Corp V.GSP

Goose gets cooked with creative financing

[7Twiggy]

I'd be very surprised if anyone was qualified or actually shorted aside from possibly 
one or two officers at one of the houses.  You would have to have two eyes glued to the
screen for 6 1/2 hours a day because if they come up with some creative financing, your goose 
is cooked.  Take a look at the latest short report, practically nothing and a new report is due
next week.  No I think it is just the one or two on this board and a few like minded  that have
sold all or most of their position and are hoping they can get it back if their is a dilutive financing. 
Good luck with that.

[stockwatcher248]

ya not usually wise to short a 40c stock....you would only if you were going to turn around and buy it on a new issue basis at a lower price and were guaranteed your fill.....the AIM listing did absolutely nothing as far as enhancing the trading volume...sphisticated European investors had easy access to buying the stock on the TSX many months ago...so AIM listing is totally created for the new

[WalStreetPotash]

I thought someone had mentioned that there were about 100k? shares shorted last week. That may not be a large position for many people. But I'd still hate to see someone lose money by being on the wrong side of this play. Especially when it's so easy to make money here Just... Do.. Nothing.. Until the share price has reached a level where you're sufficiently enticed to take profits.

[7Twiggy]

Anyone shorting deserves to lose their shirt IMO. Should be illegal..  Usually starts with soft bashing and then outward lies. I have been on the ride many a time.  One of dirtiest shorts I saw was with Shopify.  Outright lies.  Many of the professional shorters will start sowing seeds that the stock will drop significantly. We have started to see some of those type of 

[stockwatcher248]

Twiggy....96000 at 40c is bus fare....just knowlegable investors shorting to turn around and buy the up coming equity issue at a cheaper price...

[7Twiggy]

Give me a break sw,  if that were the case volume would be much higher. Do some reading on the risks of short selling and, by the way you are also wrong on bank stocks.  Any expert will tell you they are great buys when rates are going up.

[mdjbrown]

sw248, problem is shorts push the share price up when they cover, and I am not sure there has been a trading range to support profits with that strategy unless timing it perfectly. With more than 400 million shares currently outstanding, anything less than a few million shares short is really insignificant in the grand scheme of things. People should be more concerned about how a penny junior on

[stockwatcher248]

agree with your comments...my point is the shorts, if any, won't drive up the price if they are simply buying back on the new issue financing at a cheaper price...next two or three weeks is going to be very interesting...lots of pieces to puzzle have been set....biggest ones yet to come....am keeping my core holding intact but paring down some trading positions...Sask doesn't have a

[mdjbrown]

Agree 100% sw248 The GSP team has done a fantastic job developing their modular strategy to this point, and the next hurdle will be raising the required equity portion for their 51% stake of the newly established K-Clean SPV. Will be very interesting to see how they package that up, and the effects on the current outstanding share structure. Does some type of share consolidation assist in that