REMEMBER when institutions had to get out at 5,00
--so there must be a lot of private investors --holding
lately no holders are selling--and shorts are nervous, plus anyone short is churning shares to make it look like DUMPING, all the while picking up the falling leaves of RMX
with RUBICON at 4, 5 cent ,, would rather buy it than royal gold, or victoria gold or even IDM at 22 cents
soon SHO and rule 201, will kick in
Regulation SHO requires broker-dealers to close out positions in threshold securities where failure-to-deliver conditions have persisted for 13 consecutive settlement days. Such closing out requires the broker-dealer to buy back the shorted securities in the market, which may drive up their prices and inflict significant losses on short sellers.
Really --13 days = May 11