Re: 32,500 forced buy-ins - Short selling and delivery failures
posted on
Jun 07, 2018 06:05AM
Hummm,,the only entities this low share price benefits are the major insiders. As far as a big deal with BP,,,I dont drink that koolaid,,,We have all the BP we will see already as an insider, HL!! We will probably see licensing deals around the globe but HL will be the biggest of middle man in the sales of 208 with successful BoM data and a push for the counter at your nearest pharma.
In regards to the shorts I am at a loss! Who has the ability to short 2+ milllion shares of this company?,,if they are hedging their warrants then who owns such a bulk of warrants? Eastern and HL both have lots! Those that are trading on the TSX would be the only warrants available to insitutions I assume! And as Hartland notes the risk verses the maximum possible dollars earned is no wind fall for any short based on the average trading range these past months. It leaves one to suspect a nice short squeeze is possible on news altering events near term! I dont believe the shorts are increasing their position due to the stabilization in the share price as of late,,they dont usually throw good money in after bad, as they generally seem to have inside info or can control share price to their liking!!!,,,,,,,,,jmo