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Message: Re: The short is covering
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Apr 22, 2022 10:29PM
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Apr 22, 2022 11:26PM
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Apr 23, 2022 07:07AM
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Apr 23, 2022 07:59AM
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Apr 23, 2022 08:29AM
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Apr 23, 2022 11:39AM

Absolutely a positive. If there must be shorts, then let there be fewer than greater numbers of them!  The 70% or so decline in short interest in two weeks is a good thing. 

And, John, you're right about 11% of the volume over that period being anything but a "nothingberger" Given the share price decline from April 1 to April 15, I guess we should be happy that a "somethingberger" volume of short interest declined. Likely propped the share price up a bit. 

My principal point is that shorting has yet to be a material reason for the performance of the stock. The lack of buying volume has been. The reason for that is that volume buyers have not yet been convinced that Poet is ready to roll. 

I'm optimistic that will change. 

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