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Bullboard - Stock Discussion Forum Carbeeza Inc Com V.HIT

Hit Technologies Inc develops, manufactures, and sells accessories for mobile devices for iPhones in Canada, the United States, and internationally. The firm is engaged in designing, manufacturing, and distribution of the company's suite of HITCASE products, professional lens and mounting systems for iPhone. Its product portfolio includes Hitcase PRO, a rugged, waterproof, and mountable case... see more

TSXV:HIT - Post Discussion

Carbeeza Inc Com > Short Positions ... (what does this mean )
View:
Post by stepbystep on Feb 05, 2018 8:22pm

Short Positions ... (what does this mean )

Short Positions for HIT
Symbol Report Date Volume Change Shares Issued % Float
V : HIT 2018-01-31 7,003,900 6,998,900 83,748,943 8.36
V : HIT 2018-01-15 5,000 5,000 73,998,943 0.01
V : HIT 2017-12-31 0 -100,000 73,998,943 0.00
V : HIT 2017-12-15 100,000 100,000 73,998,943 0.14
Comment by stockman67 on Feb 05, 2018 8:28pm
Means exactly what I have been saying all along. Someone’s manipulating the stock because they are shorting it. They are gambling that the news is over and the stock will drop back down.  Remember each and every person on here who is bad mouthing the stock and they are most likely shorters. They’ll be busted soon and they better hope that news doesn’t come out soon. Bottom feeders and low ...more  
Comment by stepbystep on Feb 05, 2018 8:33pm
Thank stockman :) 
Comment by yixter on Feb 05, 2018 8:35pm
Well the good news is that’s a lot of shorts and the stock has held up pretty well all things considered however those shorts will have to cover and likely many of those shorts were probably picked up anywhere between.08-.12 so everyday is getting more dangerous for them to hold that position look at the bids at .055 today already the tide is beginning to turn. I hope they choke on em.
Comment by yixter on Feb 05, 2018 8:47pm
Could also be it was shorted because somebody wanted the .05 pp when the pp closes they cover and let er rip!
Comment by Lealea88 on Feb 05, 2018 8:54pm
Also, after the news was released about Best Buy most people were expecting to hear about a PP, which would temporarily drop the stock to the PP price. Once the private placement is closed and the shorts cover, we can move up. Just in time for the new case to be released on the 15th.
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