Novo: A Timeline of Shorts and an “Unbiased” Commentator

4 thoughts on “Novo: A Timeline of Shorts and an “Unbiased” Commentator”

1. Tim Jenkins says:

   September 30, 2020 at 4:23 pm

   Just curious where you’re getting your “shorts” information? This is the latest numbers that are posted on a site called short squeeze.com

   NOVO RES CORP COMMON SHARES CANADA
   $ 2.57
   NSRPF
   -0.03
   Short Squeeze Ranking™
   view
   Short Interest Ratio (Days To Cover)
   3.3
   Short Percent of Float
   %
   Short % Increase / Decrease
   11 %
   Short Interest (Shares Short)
   915,300
   Short Interest (Shares Short) – Prior
   827,000
   Daily Short Sale Volume
   view
   Daily Naked Short Selling List
   view
   % From 52-Wk High 0.00
   0%
   % From 50-Day MA 0.00
   0%
   % From 200-Day MA 0.00
   0%
   % From 52-Wk Low 0.00
   0%
   52-Week Performance
   0
   Trading Volume – Today vs Avg
   0.00%
   Trading Volume – Today
   Trading Volume – Average
   279,100
   Shares Float
   Market Cap.
   $
   % Owned by Insiders
   % Owned by Institutions

   Reply
   1. admin says:

      September 30, 2020 at 7:28 pm

      I used the short info on CEO.CA

      Best regards

      Reply
      1. Sach says:

         September 30, 2020 at 10:42 pm

         The increase in short interest was probably done in connection with the recent, huge share offering by Novo. That is typical and it’s just noise, don’t be distracted by it. IMHO, Novo’s share price is dropping because of recent share dilution and also the general correction in the miners.

         Reply
2. Sach says:

   September 30, 2020 at 11:40 pm

   Another “problem” with Novo is what I call “plate spinning”. They’ve got their hand in lots of project areas. In the old days of circuses, plate spinners would demonstrate their ability to spin multiple plates until the point they couldn’t keep them spinning long enough and they all fall to the ground.

   A real life metaphor of a plate spinner is the Federal Reserve and all their wonky programs / money printing to keep the asset bubbles inflated. Plate spinning is finite, not unlimited as most MMT socialists believe.

   I am an investor in Novo but don’t think for a minute their clearly visible plate spinning is not a risk that needs to be judged. I’m an old timer and I know that if they mount the wrong plate or too many plates, I will sell it all.

   Reply