Re: Sedar filings - Loan balance
in response to
by
posted on
Jul 29, 2019 10:38PM
I should probably expound on my rationale for thinking that a bear raid is possible....
Firstly we've already seen the increase in short selling up to the most recent update for trades settled up to July 15, with that number now over 554K after having fallen to just 363,051 up to June 15th....before that it had climbed to over 1 million.
Then we have noretreat's posting about the offer from Fidelity looking to locate shares and willing to pay what looks to me like a hefty premium. We've also had posts suggesting that some brokers seem to be limiting the ability to buy RVXCF....I believe noretreat and others are posting factual information, but I obviously can't prove it...I just have no reason to doubt it.
And now we have the actual financials out....and while I don't think anyone here is shocked or dismayed by anything in the report, my thinking is that short sellers could very well increase their exposure in an effort to push the PPS down. Why? My opinion is that shorts would be hoping that a falling PPS could lead to some fear based selling.
I'm thinking I'll go play golf or something then check back after the close.
I am not saying this WILL happen, its something I think COULD happen....no different from musing about any number of possibilities.