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Just my opinion but I have not seen a response like this for a long time, they are clearly furious with anyone shorting and I could not agree more with that sentiment and are verbally throwing their hands in the air saying our Company is worth so much more than this you idots - good for them
Yep that’s one pi55ed off by board
LB view
https://ceo.ca/cusn shows the short positions. It has not changed for a number of days. Unless activity has not been picked up by that site, it is not shorting that has crashed the share price, it is selling by a major shareholder. I think it is likely to be Osisko through BMO.
Time will tell.
Thank you, unfortunate, gla
Expecting 8 to 10p into close and gap up next week.
Lol david you jump from pump to pump "expecting"...I'm expecting you to have already dumped and if not you'll be out soon today
Not shorting.
Someone said Boo and the sheep ran for the exit.
I'm taking the buying opportunity.
And the company have retaliated with an RNS confirming there is no reason to justify selling and also been very smart because this great company will now show up on investors' radar this morning, apologies for the shorting comment, appreciate everyone wants to make money but I don't agree with it personally and it is my personal bug bear, anyway not opening a debate on that one just my opinion, good luck with your investment everyone
Didnt release an RNS when it went from 7p to 12p to say nothing has changed so why release one when it goes from 10p to 6p to say nothing has changed? thats just the market.
Bizarre comment - I think everyone knew the reason for that rise - the rally in the tin price. Meanwhile the tin price continued to rally but the SP dropped 45% - hence the update stating no known reason for the SP decline.
David 6576 , How are your other huge ramps doing ? PET , MDZ , Vast , Held and Sonrel ? All strong buys but their prices are down dramatically!!! Beware !! This guy is a conman who just pumps up the top riser of the day ! And will lose you your hard earned cash ! Don’t take any notice of what he says it’s all verbal crud !!!
The company would know if a major shareholder was selling and would not issue an RNS.
The company would also know if warrants were being cashed in.
What happens when an entity uses CFDs to go short? Not sure how that works. I thought short trackers followed shares loaned out for shorting but not sure if they pick up CFDs which incidentally is what a competitor company would use.
Looks like the short is closed.Expecting 10p+.Great news and still way undervalued. The company want the sp value to much higher.
David 6576 11.42 "Looks like the short is closed"
What evidence do you have that there has been a short rather than straight selling?
He doesn’t
Pure speculation which is fair enough
David what we do know is that it was massively oversold and the current RSI on the daily is only 37 and stochastics on 25. To become over bought it would probably need to hit 9p. There is no way of knowing if some amateur thought it was clever to take out a short CFD and are now in the process of closing the position. The RNS would have flushed them out publicly. It was very difficult to buy stock this morning which again would not be the case if a major shareholder wanted to get out. I could not buy 50,000 in the morning and could only get in at 30,000 a pop. Tony
NT again