Niocorp Developments Ltd (NB)

[PutzMueler]

I have no idea, I would never short a stock or even speculate on what someone would do with shares they are borrowing.

But I have a strong feeling the 200 day moving average would be a very good place for BIG buyers to buy, when the shorts are selling.

The question is who is the winner when it’s all said and done?

At a minimum I expect our share price to float between the 50 day and the 200 day moving average is until it’s squeezed to pop.

But a close above the 200 day moving average would definitely be bullish in my book, even though the price may fall right after that.
That would definitely create the volume that should be apparent already
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But just to guess as to your specific question. I’m imagining if I was playing the short game I would probably be more inclined to close my positions if the SP did not close above the 200 day moving average.
Closing above is bullish and I can’t see myself closing a position at that point.

I would be too scared to pull that kind of trigger
JMO