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Without a SP catalyst it look pretty straight forward TA wise...

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Syadyppah

1,461 Posts.

741

12/02/19

12:03

Post #: 37409195
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Originally posted by Casual_Investor: ↑

It is almost impossible because the main method shorting taken place is via margin lenders requiring that customers who have gone long the stock (on margin) have the potential for their stock to be lent out (as required) to those who want to go short, which is part of the T&C's of the margin lender. Since nearly all margin lenders don't accept CAN as collateral as it's too risky, then it's very hard to go short unless you find an exotic margin lender allowing it to be used as collateral. I don't know of any.
The other way, and this isn't reported in any short sell stats is to use a CFD provider like IG or maybe Plus500, they use their own OTC market to allow you to go short, however they'd only allow it if they were net long (i.e. some of their clients were long CAN) as they aren't able to net go short for the reasons above.

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Without a SP catalyst it look pretty straight forward TA wise where this is headed for consolidation
Patiently waiting for entry buy signals.....
Overall bullish on MC and looking at entry points over the sector.
Not investment advice. DYOR.

CAN Price at posting: $1.95 Sentiment: None Disclosure: Not Held
3 Upvote

2 Great analysis

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(20min delay)
Last 4.0¢		Change 0.000(0.00%)		Mkt cap ! $19.14M

Open	High	Low	Value	Volume
4.0¢	4.1¢	4.0¢	$12.28K	306.7K

Buyers (Bids)

No.	Vol.	Price($)
2	51025	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	153834	1

View Market Depth

No.	Vol.	Price($)
2	51025	0.039
6	476619	0.038
3	220270	0.037
2	460000	0.036
6	183785	0.035

Price($)	Vol.	No.
0.044	153834	1
0.046	185131	2
0.047	319998	3
0.048	225408	3
0.049	960300	3

Last trade - 12.25pm 02/09/2024 (20 minute delay)

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