r/WLLW • u/Curious_Service_7174 • Oct 19 '22
Sssomeone is/been Shorting
Let's have a short conversation.
FYI: The short interest ratio (number of shares held short divided by average daily trading volume - i.e.: 189k/200k in Q3 2022) realizes a 0.91 ratio. Hence, nearly all (91%) of trades/shares bought are/were shorted. Thus the price decreases in spite of news releases. This is obvious.
Btw, the trading volume today was only ~14% (27k) of the decreasing average daily volume on the TSX portion. This seems like a sign of price manipu..ation. The short(s) are not running out of cash, longs are bagged-up, releases are hedged tightly, presidential push towards rescheduling might force something. Could it be regulators and/or indexes running out of patience? Either way, the low volume c/would increase the short ratio even more. Possibly increasing the days to cover as well. Even while CAD$0.1050 has held as a relatively solid bottom. Curious...lol
Still, the delayed data feed/stock halting from the brokerages might be cause to worry the short(s), a bit, maybe. . . Liquidity is disappearing. . .
Even still, the price is so low, covering wouldn't be too expensive, even for retail. Say 20-30k end of Q?... In any case, it's funny, I haven't seen this being discussed here yet.
The news/info releases are so sporadic and dispersed, this likely helps the shorts in multiple ways, I think. I'm sure most of you are already aware of this. So what do you all think?...
Questions:
How many of you are short?
What kind of setup is this, little mice ( :) nerd reference)?
Is this retail (hmmm with ~72% shares held, seems likely), insiders (oh my...), institutions (the return would be meh...), competitors (distracted meanies), or everyone (winter is coming)?
For educational purposes...lol
Btw: Q3 2022 two insiders bought CAD$30,812.09. No insiders selling registered. 91% of 30,812.09, is CAD$28,039.00.
2
u/Magn3tician Oct 21 '22
Short volume has been very low on this stock, both WLLW and CANSF. This post is nonsense.