FormerXBC Inc XEBEQ

IIROC Consolidated Short Position Report

[newcoin]

XBC short as of August 15 - 1,972,500 up 995,400 from July 31, 2021.

[newcoin]

Probably a lot of the shorts were covered this week.

[Newtrader1982]

Imagine being the kind of person who shorts a company trying to produce technology that can reduce pollution and help save the planet. Special spot in hell for them.

[babedinkleman]

This post has been removed in accordance with Community Policy

[Newtrader1982]

gimme a break break me off a piece of that kit kat bar

[Ciao]

It'll be interesting to see what the short position is after the close of next week when the next report is out. This short selling is the equivalent of buy low and sell high with shorting selling at what was new 52 week lows. The effect of the legacy RNG is said to taper off now with mainly just install and commissioning of these units.  All other divisions are firing at all cylinders

[Newtrader1982]

I think it definitely made a few panic sell and they will likely look back at that day in 5 years and feel so stupid for not realizing the potential of what they had. It's the epitome of fear sell when you think you are about to lose it all. Two sides to every coin one persons loss was another's gain a lot got shares dirt cheap maybe not compared to next week or the week after but 5 years

[babedinkleman]

This post has been removed in accordance with Community Policy

[Ciao]

Great indicator of a bottom. This is the highest all year and greatest increase in a 2 week period.Explains the oversold condition we saw in the past 2 weeks.  Any share price movements onwards can trigger short covering. During the highs in Jan / Feb the short position was no more than 150K.