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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: the Chief	10/29/2021 12:44:58 PM
	Read Replies (1) of 2618

Soooo the warrants have to be exercised by Nov 3 or they are dead. So most/all that had warrants were selling some long shares to pay for the warrants. Theoretically because of "3 day settlement" rules the money for extraction is not there until the 3rd day after your sell So using that theory, today is 29th October today would be the last day to sell and have the money in your account to pay for the warrant exercise. Hence the reason ZEN is creeping up from its lows. Monday should be the day where the overhead selling to exercise warrants disappears and the speculation of Nas Listing begins. As for shorts, every 15th and 30th you get some sort of update from some sites. If there are 1,000,000 short shares and those are established on the 15th, and the stock rises 20% between the 15th and 30th and on the 30th there are still 1,000,000 shares short, that does not mean, shorts are squeezed or that shorts are even uncomfortable. I will explain A short is taken at the $5.00 break, and cover at 4.44 between the 15th and 30th of October. The 30th short position is 1million and is garnered from sales/short positions up to and including the 27th of the month. So the short position may appear unchanged and shorts are losing money but are they? If everyone of the shorts had done this, they would have made 56c on the drop. If they shorted this AMs $5.40 and covered $5.20 they could have added another 20c. but those shorts would never be included in the 15th or the 30th short position. Most shorting is intraday unless the trend is your friend. The point is, just because you see a number on the 15th, it does not relate to the number on the 30th at all That said, Monday onwards should prove interesting as Nas listing and possibly even a move off of the TSXV to the TSX is considered. That may start to hurt some shorts, but thus far there are enough swings to ensure entry and exit.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next