Replies to post #23463 on Cardinal Resources Inc fka CDNL

[ziggy7796]

Cut the misinformation on CDNL...it is being shorted according to otc markets...ziggy

Short Sales
Date
Short Interest
% Change
Avg. Daily Share Volume
Days to Cover
Split
New Issue
Aug 31, 2016 18,516 -34.23 4,711,142 1.00 No No
Aug 15, 2016 28,154 -70.03 5,002,036 1.00 No No
Jul 29, 2016 ,94936 396.12 2,909,159 1.00 No No
Jul 15, 2016 18,936 -46.36 3,569,617 1.00 No No
Jun 30, 2016 35,303 -72.93 3,214,726 1.00 No No
Jun 15, 2016 130,407 -83.40 3,266,327 1.00 No No
May 31, 2016 785,434 262.37 7,291,839 1.00 No No
May 13, 2016 216,749 1,485.93 21,356,836 1.00 No No
Apr 29, 2016 13,667 -94.89 12,232,042 1.00 No No
Apr 14, 2016 267,517 550.34 18,579,775 1.00 No No

[Homebrew]

FINRA shows a tiny insignificant amount of shorts.

[crookedneck]

Is the $CDNL audit nearing an end? That's what we are hearing recently that says audit should be wrapped in next 3-6 weeks. Can we believe it? I've taken the approach of seeing is believing, so when I see it, I will believe it. However, it would be very logical, given the time that has passed since it began.

Much to look forward to in next couple of months:
Progress on the $40 Million Dollar Cameroon Project
HSVW Partnership Developments (New Redbird in transit to China as we speak)
Audit completed
Financials Updated

Doesn't seem like a time to sell with all that is going on and the fact that vast majority are HOLDING STRONG as stock bounces off strong support! Cheers!

------------------------------------------------------------------------

Proof that $CDNL is being strongly held, despite the recent social media message board attacks seen that were ratcheted up in the past week.

$CDNL has been shorted in the past, and as recently as last week, when it went from $.012 down to $.007 area when shorts quickly covered before the close last Friday. There is undisputed proof of significant shorting on CDNL from time to time and there was huge jump in short interest on Sept. 22nd & 23rd. Those that think nobody would short an otc stock should head over to Timothy Sykes website to see firsthand how they short otc stocks all the time. My whole point of this is to point out the huge social media surge attacking CDNL that was ratcheted up a week ago directly correlated to a spike seen in the short interest. I find that to be a very telling FACT! You can check out any source you trust for short interest to see that CDNL always has SOME shorting, but meaningful shorting only happens from time to time, making your statement of "not being shorted" FALSE!

Short Interest Definition | Investopedia
Short interest refers to the number of shares sold short as a percentage of total shares outstanding, while short interest ratio is computed as total shares sold short divided by the stock's average daily trading volume.

Thus I take the daily short volume and see what percentage it is compared to the total volume for that day. Last Thursday & Friday, Sept. 22nd & 23rd saw a huge spike in SHORT INTEREST!
------------------------------------------------------------------------

grantastic Wednesday, 09/28/16 04:06:11 PM
Re: crookedneck post# 23403
Post #23433
That's an ugly chart. Lower highs + lower lows.

Despite claims to the contrary, the price has broken below a penny for the 3rd time in 3 months.

Well unfortunately the chart I intended to post didn't come thru as I had thought, as it was missing the MOST IMPORTANT chart that I was talking about, which is the Accum/Dist chart. This just proves, despite the volatile trading on low volume, the stock is being bought up and held tight. Not only that, but it has held that strong support at $.007 area so well that even the shorts covered when they pushed it that low last week. Everyone knows in otc land many things can happen to affect the trading and share price on a daily basis. So it's NOT an ugly chart at all, it's a STRONG chart proving most are holding!

I remain long & strong on CDNL based on FACTS and ignoring all those ASSUMPTION based conspiracy theories seen across social media stock message boards that lack any proof whatsoever! Cheers!

Chart proves vast majority holding strong here!

For some reason the chart I post that shows Accum/Dist, changes after I post it. If that happens just go to stockcharts.com and check the Accum/Dist box under "Indicators" to have it show up for you.