My reading of BDR on the chart is when the shorters unwound from Feb to Aug, the price fell a bit (a POG reaction I guess).
The BDR shorts really added to their position from start Aug to start Sep... from under 2% of stock to over 6% of stock.
Isnt it coincidental the company told the public as late as 27 Aug that high grade Duckhead mining was happening. When in fact it was not. And the true information only became apparent start of Oct.
The shorters made squllions because the company told the public ONE 'positive' thing, but in fact did a very 'negative' thing, that obviously was known to the insiders.
And, yes, the shorters are happy to hold at 6%. I guess they cant really lose much. They shorted at 60 cents. And the price is now 25 cents. No panic to unwind. In fact of all the shares listed they are the most 'not hammered in the last month'.
KCN Price at posting:
63.0¢ Sentiment: None Disclosure: Not Held
MML Price at posting:
48.5¢ Sentiment: None Disclosure: Not Held
NST Price at posting:
$1.05 Sentiment: None Disclosure: Not Held
RRL Price at posting:
$1.38 Sentiment: None Disclosure: Not Held
EVN Price at posting:
55.5¢ Sentiment: None Disclosure: Not Held
BDR Price at posting:
25.2¢ Sentiment: Hold Disclosure: Held