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Re: goforthebet post# 629

Tuesday, 08/02/2016 10:23:56 AM

Tuesday, August 02, 2016 10:23:56 AM

Post# of 757
There is some shorting, so some think its headed lower, but shorting in July means they are in the hole right now.... IMO they will be covering into another rally soon. The S&P could fall apart here and i expect it to be much lower by end of year, just like at the end of Bushs term... and at the end of Bill Clintons term (Dot Com bubble)...

The Market does not like uncertainty (elections, Brexit, etc) and its at all time highs, but PM's sure do! Not a good time to be shorting miners imo. Buy the dips

Eurasian Minerals Inc (Canada) (EMXX) Short Interest Up 2,634.7% in July
Posted by Eileen French on Jul 30th, 2016 // No Comments
Eurasian Minerals Inc (Canada) logoEurasian Minerals Inc (Canada) (NYSE:EMXX) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 28,687 shares, a growth of 2,634.7% from the June 30th total of 1,049 shares. Based on an average daily volume of 277,838 shares, the days-to-cover ratio is currently 0.1 days.
Separately, TheStreet lowered Eurasian Minerals Inc (Canada) from a “hold” rating to a “sell” rating in a research report on Monday, July 11th.
Shares of Eurasian Minerals Inc (NYSE:EMXX) traded up 6.32% during midday trading on Tuesday, reaching $1.01. The company’s stock had a trading volume of 93,358 shares. The company’s market cap is $74.53 million. Eurasian Minerals Inc has a 12 month low of $0.35 and a 12 month high of $1.09. The stock has a 50-day moving average of $0.84 and a 200 day moving average of $0.67.

http://www.com-unik.info/eurasian-minerals-inc-canada-emxx-short-interest-up-2634-7-in-july/

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