Re: 32,500 forced buy-ins - Short selling and delivery failures
posted on
Jun 05, 2018 09:55AM
koo,,,,,,,,,,,if they shorted all the way down to approx. $1.15 from $1.80,,some traders would have taken profits from their sells from the high and closed out their positions sure but with est. 1.1 million still short or what ever and the trading volumes we see it is predictable to say that these outstanding sells on average are probably under water from around the $1.30 level and up or lower. Only if the outstanding short number was now at zero could we assume the shorts having made money! The actual short number now is unknown but should be out soon. As gac notes if the short attack is being orhestrated then we may see a distort of factual information from a third party medium soon,,,especially if the short positions have increased or still exist and the weakness in share price does not resume. Maybe the short positions have all been closed out these past few heavier trading volume days!,,,updating the short positons by institutions only twice a month makes for a lot of guessing at our level,,,,,jmo