EXRO.V - Overreaction to short report. Likely bounce.
Oversold in what is overreaction to short report. Insiders are buying.
Kommentar:
A closer look at the short seller behind the report, Mariner Research Group, shows that they're going to great lengths to hide their identity:
- hastily thrown together WordPress website with no information on any individuals behind the group
- no telephone or physical address
- no privacy policy
- domain records hide true owner using a service based in Bahamas
Their past record is horrendous with 90% of the stocks they went short on multi-bagging since then (GPV, BEEM, IBIO are some examples).
In other words, when it unhalts, the only way for sp to go is up, in my humble opinion.
- hastily thrown together WordPress website with no information on any individuals behind the group
- no telephone or physical address
- no privacy policy
- domain records hide true owner using a service based in Bahamas
Their past record is horrendous with 90% of the stocks they went short on multi-bagging since then (GPV, BEEM, IBIO are some examples).
In other words, when it unhalts, the only way for sp to go is up, in my humble opinion.
Kommentar:
Also worth noting that the company has raised $42M at $3.25 in a public offering back in December. It is another reason why I and my Premium Subscribers loaded the boat when it dipped below $3.
Trade geschlossen: Ziel wurde erreicht
Kommentar:
BOOM! That's it. That's the comment. :)
Meanwhile, more insider buys have been posted on SEDI. A total of $46,269 worth of stock was bought by management on today's dip (so far) as a rebuttal in itself to the short thesis. Grab your popcorn!