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30-50% of the total volume traded daily has been short sold...

  1. Yeoda
    549 Posts.
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    07/10/16
    13:18
    Post #: 19697636

    30-50% of the total volume traded daily has been short sold according to the shortman site, so imo it's fair to say that the recent five is primarily driven by short selling activity.
    Whether or not there is genuine concern for pessimism is of course unknown.

    My thoughts are that market cap is now around 735mill and according to the export data the ORE sales from the SDJ venture is about US11mill per month... Seems like a bargain to me!
    ORE Price at posting: $3.28 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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