Aug. 4 at 1:04 AM
$RECAF If you're sick of my posts about the shorts, don’t read this.
I’m posting this because I’ve been talking for weeks about how the 32M warrants expiring on 7/31/26 could create a perfect storm for a squeeze — especially if they collide with the strong KW1X results, we expect.
Today’s tape is exactly the kind of setup I’ve been describing.
Total Volume: 781,075 Short Volume: 561,113 - Short Ratio: 72% - Only one exchange open - Price touched .64
That means the shorts had to supply every single share today — either through short sales or synthetic inventory — just to hold the price near .60. They had no help from retail selling. They had no help from TSXV arbitrage. They had to carry the entire load themselves.
I’ve said before that the warrant holders likely had ~C
$50M ready to exercise if the strike was hit. It wasn’t. So what’s the logical move for a sophisticated group that already funded the CR?
Buy shares at half the price.
If this continues, the shorts are in trouble
