HSX Forum

Playing & Trading Strategy

How is a recently IPO'd stock, heavily shorted gaining value?

Posted by: dtshakes (a.k.a DTshakes) on Feb 21, 11:44

GAJOB IPO'd last week with a 16:3.7 short to long ratio. How is this stock up from it's IPO price of $18/share to over $20? To me, that looks like a recipe for a plummet.Ā 





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