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AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

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INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

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LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Short Interest?

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Re: Short Interest?

in response to Re: Short Interest? by Lunch Meat
posted on Jan 25, 12 08:13AM

Agreed LM. Remember that shorting means the trader has borrowed stock sold it. So, $1.2M of SGR stock has already been SOLD into the market. If the short volume is not rising, then shorts are not in control as there is no "extra" selling volume on top normal selling. Also, note that the $1.2M has to be "covered" at some point - so this short interest - if it's not rising - acts like a rubber band when the price moves up. The shorts covering will add to the buy side pushing the price up faster.

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