Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

Free
Message: Shorts

347,000

That sounds like a big number, and I agree for SLI it is, but let's put it into perspective.

It represents less than 0.003% of our total share float. Which means that the remaining 99.997% of the float is held by longs, officially. I would suggest that this is why their activity does not have much of a lasting effect on the share price.

By comparison, there are some companies trying to cope with 10%, 20% and even more of their share float being shorted.

So don't worry about the daily fluctuations, on the next good NR, these guys will be gone.

Share
New Message
Please login to post a reply