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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: SHORTING A STOCK
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SHORTING A STOCK

posted on Feb 14, 2008 11:12AM

Since I know virtually nothing about shorting a stock, except you do so with the expectation that it will go lower, what is the probability that short covering would drive up share price?

For example Seabridge Gold: todays close $25.80 up $1.11

Anybody care to explain!!!

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