Replies to post #97360 on Niocorp Developments Ltd (NB)

[CritM3]

I'm not sure of what to expect when NB is on the Russell 3000. Institutions must add the stock because of what criteria?

A) just paying some big fee and joining the club?

B) they got on the Nasdaq?

C) they are ESG favored?

D) they merit the respect of investing fund managers based on....
1) present conditions - shovel ready?
2) future conditions - they are shovel ready and financing is a sure thing?
3) they recognize the potential of the project because they are shovel ready and financing is a sure thing?

E) all of the above and a whole lot more behind the curtain?

[Middleborder]

A.O. I think that was Radar at 97405?

He was looking at this:

https://fintel.io/ss/us/nb For June 16.

Short Interest shares - source: NASDAQ
Short Interest Ratio 1.83 Days to Cover
Short Interest % Float 0.80% - source: NASDAQ (short interest), Capital IQ (float)
Off-Exchange Short Volume 3,747 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 19.40 % - source: FINRA (inc. Dark Pool volume)


I am sorry I cant say that its correct. It would be excellent if the price began to rise and all the shorts had to scurry and buy to cover their positions.

(Today was 3rd Friday, options expiration, and that may have been in his mind?

Anyway, have a good weekend!