Re: Shorts...
in response to
by
posted on
Jan 18, 2008 04:38PM
Focused on becoming a near-term Gold Producer
re: Patience... Thanks for all your kind words. Like I said I just started typing and couldn't stop. I did re-affirm my own belief SGX has real potential to be huge in 2008.
Anyhow, re: Shorts... FYI...
Shorts of both SGX and KXL increased yet again to Jan 15th. See detail below. Quite unbelievable actually... 540k SGX and 1.5 MILLION KXL shorts outstanding as of Jan 15th. Most unbelievable for KXL as it is so tightly held by insiders and institutions. Charts tell the story. Like I have said IMO SGX and KXL HAVE been affected/manipulated and such a short history is one piece of evidence of that. This type of manipulation is pro activity. Don't get me wrong I am not trying to say all of recent depreciation as of late is because of these shorts, but it is another piece of the puzzle IMO.
Market never ceases to amaze me. Learn something new every day. I guess that's a good thing.
red911
Short History
Symbol Report Date Volume Change
SGX - V 2008-01-15 540,536 50,089
SGX - V 2007-12-31 490,447 92,143
SGX - V 2007-12-15 398,304 15,500
SGX - V 2007-11-30 382,804 -602,400
SGX - V 2007-11-15 985,204 356,946
SGX - V 2007-10-31 628,258 612,871
SGX - V 2007-10-15 15,387 15,387
Short History
Symbol Report Date Volume Change
KXL - V 2008-01-15 1,484,800 105,500
KXL - V 2007-12-31 1,379,300 168,900
KXL - V 2007-12-15 1,210,400 282,500
KXL - V 2007-11-30 927,900 213,600
KXL - V 2007-11-15 714,300 553,000
KXL - V 2007-10-31 161,300 76,300
KXL - V 2007-10-15 85,000 85,000