SPIHF, massive short squeeze is possible. Tight float of ~9MM shares. Declared short position of 1.5MM shares in Canada, 200K shares in USA.
NASDAQ uplisting ETA is about one month. Almost non-existent free float as shown by recent price action.
Right now is a time to get in and hold whatever few shares are available for purchase. Forced liquidation of short positions is possible within weeks. Just last week SPIHF signed big contract with Novarad, estimated recurring annual revenue from the contract is ~$7-10MM.
More positive news are possible before AGM on 05/29/2014 and before uplisting. SPIHF applied to uplist to NASDAQ on 04/14/2014, so about 2-6 weeks left before uplisting happens.
Right now days to cover are 18-20. Most of the trading float is locked down by the Pinetree Capital and long term investors. Pinetree owns >10% of the shares.
If there is a credible case for the huge short squeeze, this is it. This is a VW/TSLA short squeeze in the making. It appears that Hedge fund in Canada, Anson Capital, is on the short side of this trade. Currently they are down by a lot of money and struggling to get out. Pinetree Capital is on the long side of the trade and Pinetree continues to buy in the open market almost weekly to limit share access for Anson Capital.
This is the short squeeze that can be truly epic and make you a lot of money, do not miss out. Conduct your due dilligence and confirm all of the information listed above.
GL.
