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Gold/Mining/Energy : Zentek Ltd - ZEN
ZEN.V 1.140+1.8%Jan 22 3:57 PM EST
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To: Berry Picker who wrote (4039)10/6/2013 2:00:58 PM
From: Glorieux1 Recommendation

Recommended By
copperknob

  Read Replies (1) of 22860
 
Hearing that there are that many shorts out there is not
exactly encouraging me about being long. lol

Here is the short report:

V : ZEN2013-09-30365,815-190,05055,059,8620.66


As you can see, by September 30th, more than 1 third of shorts were happy to cover at $3.15 or higher. How many of the rest of the shorts covered with us hitting $2.43? I bet most if not all. This is not ORT with 10M shares short. Shorts stood at 365k or 0.66% before the big dip last week from margin calls. Saying we have " that many shorts out there is not exactly encouraging " sounds like someone trying to bash the stock to accumulate near the 200 ema which is a great accumulation price. I expect some games to keep the price around here to accumulate. Let's see if the bulls see through this bull ; )
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