It’s always convenient to blame a falling SP on a “Short Attack”.
The entire Western Canadian Oil and Gas Industry has been under pressure.
Companies like PGF with large exposure to NG, High Debt, High POR (paying unearned dividends) and Deteriorating Fundamentals have been punished the most.
The Shorts didn’t create PGFs problems! They recognised them!
Opportunity Knocks, Short Positions get put on and Gravity does the rest.
The SP of Companies like PGF that are under pressure normally fall until they reach a level somewhere below the NAV where support is found. I think that PGF is very close to that point.
Anybody that thinks that Squint1 or any other Stockhouse Poster can have any effect on the SP of a highly liquid stock like PGF/PGH is truly DELUSIONAL !!!!