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Posted On: 01/12/2019 2:08:09 PM
Post# of 75087
No. Monday the shorts attacked the stock again, then backed off for the next 3 days in which he short volume dropped to about 16%, 16%, and 14%. Yesterday the shorts attacked the stock again when big news wasn't released, which came as no surprise. They cranked the short volume way up from 14.69% to 56.95%. No surprise what effect it had on the pps either. https://otcshortreport.com/company/RMHB
It's certainly possible that news of aluminum availability being impacted by tariffs, since we are obviously not the only beverage business finding this to be the case, got around quickly and could easily have motivated some shorters to do what they did on Monday, but shorts started hitting the stock hard the day after Christmas on Dec. 26th and kept that up right through last Monday, Jan 7th, so aluminum wasn't likely the primary catalyst for the direction of trading.
It's certainly possible that news of aluminum availability being impacted by tariffs, since we are obviously not the only beverage business finding this to be the case, got around quickly and could easily have motivated some shorters to do what they did on Monday, but shorts started hitting the stock hard the day after Christmas on Dec. 26th and kept that up right through last Monday, Jan 7th, so aluminum wasn't likely the primary catalyst for the direction of trading.
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