So help me to understand what this means.
1. On SGR there must be a huge amount of "naked shorts" for this to be a winning strategy...how do we find out?
2. For the shorts to jump all over SGR...they must have known for some time that the 43-101 was not great....so they had some inside help..ie advanced info from someone ? Also getting a buy recommendation from Taylor about a week ago allows them to sell into that info as well.
3. They potentially could have been shorting this for several months...ie 10 million shorts x 60-70 cents adds up pretty fast...just a guess on my part..could be higher?
4.Is SGR Management interested or concerned about their SP getting creamed in this manner?
4.So who do we contact in Canada...anyone have a link? What do we say?