Anything graphite based, CCB, Zen and hopefully much more. Message Board

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Gold/Mining/Energy : Anything graphite based, CCB, Zen and hopefully much more.

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From: the Chief	4/12/2021 3:38:15 PM
	1 Recommendation Recommended By jiggydo of 2618

Suddenly the $2.50 PP not looking so good? Suddenly my sell call at $3.72 (twice now, once in 2013) looks very good? 60% haircut and a slight possibility that may become 70% in the next few days is a tough one to swallow. If I wait a little longer I will average $3.42 a share shorting this stock, which is "exactly" the price I averaged when selling it in 2013, coincidence? Karma? No idea but liking it! Message 33269121 I need 54c from an average of $2.25 on my latest short. To get that I would need to cover 1.71 -minus commission so $1.69 ish to average $3.42 total return since I started shorting the stock. The reason the stock is plummeting is shorts are now calculating monthly "burden" for the company. With leases signed on two facilities +employees and Executive Pay, as well as a signed agreement to buy GO for a specific price per tonne, which some apparently has been delivered, and NO INCOME, puts a big pull on the $4.3million and any other money in the till. So shorters are calculating how long they last vs HC's ability to say nothing for long periods of time.

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