BOW, yep, an untarnished trading record by the shorts. 100% correct on every trade,looks very conspicuous.
One thing, these shares were borrowed from some institution to short with. These shares have not been bought back as of approx June 1, but could have been bought back yesterday on the sp hit. The shorts you see are trades that are over 3 days old and that have not been covered.If short trades are covered within the 3 day settlement period, they never show up on the list. So, its possible, that the highest short numbers within that period, could have been 3 times as high.
If no one sold on this recent sp decline, then the shorts will be unable to cover, because they have to replace those borrowed shares with legit ones. The most important question to ask here, is why such an extreme short attack at this low of an sp? It is extremely high risk, with our present sp very undervalued and the strong shareholder base we have. These cases are all being documented and filed, and may have to be looked at by the exchange in connection with an integrity issue. Maybe its time politics enter the picture? The decision by the institutions lending out these shares to short with, seems incompetent, and I question the brokers decision on even lending anybody these shares on such high risk. The broker that lent these out may have a competency call, if the institutions are practicing their policies in regards to their traders/brokers. For things to be happening at a time like this, should pose and present more questions and review of the proposed takeover of the TSX by the Maple Group. If integrity and competency issues cannot be addressed now, what will they be like if the Maple Group succeeds in its bid for the TSX?We are starting to enter some issues now that are involving just more than SLI. Just yesterday, we saw an issue with Quantec and maybe a confidentiality breach.We know that stateside that MM,s are allowed to naked short a stock, to start a downward decline in a companies sp, if this were to get out of control, it could push a companies sp to near zero, if no one sold legit shares and the MM,s continuously tried to get them back.But in a circumstance such as this, the whole retail portion(muppets) of the markets have to bear 100% the brunt of what seems a direct unethical and integrity issue thats allowed to happen. There are some very serious issues with our stock in the lines of this that are happening, among other juniors as well. These allowed actions by the big boys in the markets are destroying small juniors, by running their sp,s in the ground, making it impossible for them to get funding from the muppets in the markets, and leaving no choice that if a company wants to survive, its forced to go to the institutions for funding, which could lead to the institutions having a big say in what directuion the company will take in the future.
All of us here have supported SLI over and beyond the call of duty, the Ball is now in to Lori,s hands to assure our safety and protect this amazing gift of such a strong shareholder base. She is, or will shortly be called to action, to address how a sitution like this could happen to us. She alerted us to the naked shorting before, so if there is something different or the same, she has to let us in on it, so we can fight this together. Investors are not stupid, especially SLI investors, and I think the time has come for Lori to embrace us and tackle these issues together, enough is enough.If you need help Lori, don,t forget this immense strength in your shareholders.
IMO
