Post by
TheBridge on Jan 27, 2023 11:21am
Interesting
Great article this morning in the Globe & Mail by Larry MacDonald, "Short Sales on the TSX: What Bearish Investors are Betting Against." Reliq is one of 8 Canadian companies (which he included in his list) targeted by short sellers in year to Dec. 31, 2022. When activist short sellers take positions in stocks, they publish bearish reasearch reports on the targeted companies accoring to data firm Breakout Point, there were 8 such reports on Canadian companies in 2022, compared to 12 in 2021. Just another obstactle to deal with as we continue to see the share price climb this year, the climb to $1 might not take that long but the process gets slower as you climb into the rarefied air.
Comment by
Peggy123 on Jan 27, 2023 11:35am
The only bearish/negative remarks ive seen are on this board or ceo.ca board. Lisa haters
Comment by
TheBridge on Jan 28, 2023 2:25pm
Had to add some more on Friday at 0.56 and now it's time to sit back on this one and watch the activity as it continues to add more clients, promote itself and grow the revenue stream. Could I be wrong by being optimistic here?...........been wrong a number of times before but this has an interesting and positive vibe about it and worth holding a small position.