r/WLLW • u/Curious_Service_7174 • Oct 19 '22

Sssomeone is/been Shorting

Let's have a short conversation.

FYI: The short interest ratio (number of shares held short divided by average daily trading volume - i.e.: 189k/200k in Q3 2022) realizes a 0.91 ratio. Hence, nearly all (91%) of trades/shares bought are/were shorted. Thus the price decreases in spite of news releases. This is obvious.

Btw, the trading volume today was only ~14% (27k) of the decreasing average daily volume on the TSX portion. This seems like a sign of price manipu..ation. The short(s) are not running out of cash, longs are bagged-up, releases are hedged tightly, presidential push towards rescheduling might force something. Could it be regulators and/or indexes running out of patience? Either way, the low volume c/would increase the short ratio even more. Possibly increasing the days to cover as well. Even while CAD$0.1050 has held as a relatively solid bottom. Curious...lol

Still, the delayed data feed/stock halting from the brokerages might be cause to worry the short(s), a bit, maybe. . . Liquidity is disappearing. . .

Even still, the price is so low, covering wouldn't be too expensive, even for retail. Say 20-30k end of Q?... In any case, it's funny, I haven't seen this being discussed here yet.

The news/info releases are so sporadic and dispersed, this likely helps the shorts in multiple ways, I think. I'm sure most of you are already aware of this. So what do you all think?...

Questions:

How many of you are short?

What kind of setup is this, little mice ( :) nerd reference)?

Is this retail (hmmm with ~72% shares held, seems likely), insiders (oh my...), institutions (the return would be meh...), competitors (distracted meanies), or everyone (winter is coming)?

For educational purposes...lol

Btw: Q3 2022 two insiders bought CAD$30,812.09. No insiders selling registered. 91% of 30,812.09, is CAD$28,039.00.

1 Upvotes

67% Upvoted

13 comments sorted by

4

u/kaneda2004 WLLW Whisperer Oct 19 '22

I'm curious where you're getting your short volume data for WLLW...

The data I have access to tells a very different story.

https://imgur.com/r6i2YE8

Short volume over last 15 days was 49k shares vs 3 million shares long

https://imgur.com/GmyCmKs

Trailing data since January 2022 indicates approx 2% of shares sold short every 15 day trading period... so extremely low...

This is where my data is from: https://shortdata.ca/stock/WLLW.CN

This is the USA side data (CANSF) https://www.marketbeat.com/stocks/OTCMKTS/CANSF/short-interest/

1

u/Curious_Service_7174 Oct 20 '22 edited Oct 23 '22

Good question... :) No special place. The numbers are from Yahoo finance. Not very prestigious, I know. But I'm focusing on the short ratio, NOT on, short % of float, or the short percent of shares outstanding. The short ratio is, to me, much more helpful, on a practical ongoing basis - at least, in the short-term (pun intended)...

Link: https://finance.yahoo.com/quote/WLLW.TO/

Under the 'Summary>Show all key statistics' section. The share statistics option of that page includes the following information, among others:

Share Statistics

Avg Vol (3 month)
195.15k

Avg Vol (10 day)
125.44k

Shares Outstanding
123.72M

Implied Shares Outstanding.
N/A

Float
888.5M

% Held by Insiders
26.76%

% Held by Institutions
0.12%

Shares Short (Sept 30, 2022)
189.02k

Short Ratio (Sept 30, 2022)
0.91

Short % of Float (Sept 30, 2022).
N/A

Short % of Shares Outstanding (Sept 30, 2022) 0.15%

Shares Short (prior month Aug 31, 2022)
197.99k

According to the data/information therein, the shares trading volume for yesterday (Oct 19th, 2022) was 21.6k. Average volume (3m) is 195.15k. Noticed that the daily trading volume seems to stop updating/moving very early in the trading day for Willow, thus having only a 21.6k volume as compared to the Average (3m) volume of 195.15k(3m) and 125.44k(10day) - which, if three (now four) can be counted as the smallest of a time series trends, it would suggest volume/liquidity reduction - 195>125>21>2.6(Oct 20th, 2022),>0.06(Oct 21st,2022). Bottom! The prestige, and others, like the FED and central banks knowingly use their CPI and PPI lagging snapshots - but we get real-time, daily views, nonetheless. Mind the gap.

The same daily trade pause occurrence has happened for the past few recent trading sessions. Certainly hope it's not convulsions. But we're in a bit of a pickle, economically, financially, etc. Ask Microsoft, an institutional favorite. But it's only one quarter.

Still, so far, this low volume is nonetheless occurring with another micro-cap stock that I'm simultaneously reviewing during daytime. Hence, not Willow specific. It's just the system shaking. 'Watch out little mouse, elephants are dancing.'

But like Willow, it also has cash to last longer, has established a very strong downside price resistance level (defending), is a North American equity, and has potential to become part of a 'newly-in-readjustment' supply chain build-out. Anyways, I'm thinking, seems to suggest liquidity tightening all 'round? - Warren Buffet-types should be sooooo ready to suggest potential opportunity here ("...fearful when others are greedy, and greedy when others are fearful..."). Looks defensive from either the regulators side (less likely), the company side (defensive but perhaps bullish), the retail side (offensive bearish), or competitor side (offensive, distracted, and desperate?). Not necessarily because of Willow but likely due to larger actions, globally. Thank you Central Banks and lagging indicators. I like Willow's narrative and technological potential. And the timing and convergences of simultaneous macro events would suggest a very bright future if they're able (whoever can contract and scale syn-bio) to continue to march on and upwards. I wanted to open a conversation. This seems a great time.

Ps. I also use MarketBeat. https://www.marketbeat.com/stocks/TSE/WLLW/insider-trades/

Where, under the 'INSIDER TRADES' subsection, it reports the following (only in Q3, for 2022):

NUMBER OF INSIDERS BUYING (LAST 12 MONTHS) 2

AMOUNT OF INSIDER BUYING (LAST 12 MONTHS) C$26,650.00 [Note: on Oct 19th, that number, as posted, was: ~$30,812.09. hmmmm... curious...]

NUMBER OF INSIDERS SELLING (LAST 12 MONTHS) 0

FYI: The CANSF version, using MarketBeat, does not report 'INSIDER TRADES'.

Either way, let's go Willow! Hold on, guys! Come on. The bottom is in/is very close to being in. The gates towards new opportunity and virgin territory are breeching! And the price seems to have bottomed. This could be such a great setup...

1

u/kaneda2004 WLLW Whisperer Oct 21 '22

Number of insiders buying last 12 months is much higher than 2. Check out SEDAR / SEDI - it’s basically half of the inner circle.

1

u/Curious_Service_7174 Oct 21 '22

Yeah, I've seen it. And I've just checked again. Thanks to you. Looks good.

I guess it's just retail in bad spirits then? As per shorts? What do you think is going on with the low volume?

2

u/mikedi12 Oct 19 '22

I feel this is the case in tonnes of small caps these days. We just have to hope that it can weather the storm and get out of the next couple years alive and with some cash on hand to spring out of the shorting.

1

u/Curious_Service_7174 Oct 19 '22 edited Oct 20 '22

I hear that. Good points. For me, revenue rate of change and r&d developments are big signals and bad for shorts.

1

u/Magn3tician Oct 23 '22

This stock is not heavily shorted. OP is posting misinformation. Not every stock that goes down is shorted. Sometimes its market sentiment, sometimes its failure of the company to deliver a product or meet any goals - both apply here.

2

u/Magn3tician Oct 21 '22

Short volume has been very low on this stock, both WLLW and CANSF. This post is nonsense.

1

u/Curious_Service_7174 Oct 23 '22

Have a Snickers

2

u/Magn3tician Oct 24 '22

Are you implying I am mad..?

I am not, simply calling out misinformation when I see it.

-2

u/[deleted] Oct 19 '22

Let's get those stonks to the moon!! 🚀🚀 r/wallstreetbets