Shorting, predatory shorting? AVH makes no money, has a market cap of $1.2bn, just raised $120m of more equity AND the CEO sold 23.5m shares himself. Sprott. These small cap miners being shorted have no earnings either and are fuelled by hopeful punters, drilling for a needle in a haystack. PET. Similar in many ways, insider selling post a massive run unsupported by current earnings. How come no one comes up with predatory ramping stories? AVH goes from 8c to 70c this year, but that's ok?
PET Price at posting:
96.5¢ Sentiment: Hold Disclosure: Held