Victoria Gold Corp VITFF

Shorts and dead cat bounce.

[valiantaffair]

There will be a run up in the share price very soon as the odds are that this is going to get halted and never trade again. So the people with the short positions ( seven million shares) will want to cover their short positions because once this is halted once and for all they won't be able to cover. Expect to see this run to $1:25 in the next few days. Crazy the way markets work huh!!!!!

[m8magic]

shorts will cover on the grey exchange for a penny

[crazytimes]

So let me understand this. By your prediction, the big boys will know that it's going bankrupt, and those holding long a huge chunk of the other 60 million shares will just hold, not selling as they know it's going to zero as the shorts continue to drive up the price. The longs are still 10 to 1, and might want to get out with whatever they can driving the share price down right into the

[steve55]

shorts are squeezing it to a maximum;they know it's going to rebound big time when they annonce they got the permit to clean the area.

[crazytimes]

steve... what are you talking about???? I would think they are already cleaning the area, with all their energy, money and resources currently being spent on cleaning, planning on how to do more cleaning, and then cleaning more and more. If they run out of money and stop cleaning I am guessing the government would then grab the bond and get someone else to start cleaning... lol,!!!! Just my

[steve55]

exactly;but they need an official permission to clean the entire area.

[nincompoop]

This post has been removed in accordance with Community Policy

[Singoa58]

Sorry didnt happen 

[Greatdaysahead]

Quite the opposite.If short seller are sure this will be halted or bankrupt with no value, they will just keep the short as they will either be able to buy back the shares in some grey market for nothing or their short position will be settle at zero by the broker. But if the shorts believes there could be some kind of plan for the Company to get through this nightmare (financing, whatever) and

[steve55]

yes;watch the last thursday video,government said they don't intend to block them from cleaning