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Message: Are shorts going to get rectified again?

I can't wait to see the updated short number.  Wednesday was the 15th, so three days of trading are Thurs/Fri/Tues......expecting to see the update after the close Tues evening, or at least before the opening bell on Wednesday.

What I find incredible...and this only just occured to me over the weekend.

Last year when short interest got up to 1.6 million, that coincided with delivery failures topping out over 1 million.  I think that is hugely significiant.  It means that after borrowing and dumping 600 odd thousand....that to short even more bears had to engage in Naked Shorting....selling shares but not delivering them.  

We all know what happened in June last year when RVX started showing up on the TSX Buy-In list for delivery failures, the PPS started jumping...getting over $4 briefly in Sept for 300% gains in about 3 months.

But just as important to me, it says how tightly held RVX is.  I don't know how many shares were outstanding last June, but I'm guessing it was around 180-190 million....not significantly different from where we are now.

Assuming that there are about 50 million odd shares in the so called public float.....this says to me that even among those shares, there is precious little available for bears to go after if they want to borrow shares and dump them back.

I have shares in an open margin account, and also in registered accounts for my RSP and TFSA.  I'm assuming the shares in my margin account already have an IOU attached to them.  

I'm tired of playing scenarios out in my mind though....i just want to know the dang short number, then I'll start going down more rabbit holes.

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