00:35:21 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



goeasy Ltd
Symbol GSY
Shares Issued 14,800,892
Close 2018-12-31 C$ 35.77
Market Cap C$ 529,427,907
Recent Sedar Documents

FP says Dollarama, others feel short sellers heat

2018-12-31 09:20 ET - In the News

See In the News (C-DOL) Dollarama Inc

The Financial Post reports in its Saturday, Dec. 29, edition that United States short sellers will continue to have their way with Canadian companies in 2019. The Post's guest columnist Peter Hodson writes that in 2018, it seemed, you could not go a week without seeing a Canadian stock plunge after being attacked by U.S. short sellers. Of course, in a declining market investors do not need new reasons to sell. However, companies such as goeasy, Dollarama, The Stars Group, Aphria and many others saw their stocks take big drops due to publicly released reports from U.S. short sellers. Sometimes, the short reports had factual errors, but they always presented even the facts in the most negative light possible. For the short sellers, it was like shooting fish in a barrel. Unfortunately, Mr. Hodson says no end is in sight. As long as (a) investors continue to panic, and rush to sell any stock targeted by short sellers, and (b) regulators do nothing, then we are likely to continue to see Canadian companies attacked by "short and distort" reports posted on the Internet.

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