A sharp move up in stock price forcing short sellers to liquidate their positions.
Archives
Short-term Debt
Borrowings that must be repaid within one-year.
Short-term Investments
Stocks and other liquid securities.
Simple Moving Average (SMA)
This is the average stock price over a certain period of time.
Small Cap
Company with market capitalization less than $1 billion.
Special Terms
Orders which must trade under special conditions. For example, a cash order will be settled sooner than the usual three-day settlement period.
Special Trading Session
A session during which trading in a listed security is limited to the execution of transactions at a single price.
Speculator
Someone prepared to accept calculated risks in the marketplace for attractive potential returns.
Reverse Takeover (RTO)/Backdoor Listing
A transaction or series of transactions that includes a securities issuance made by a listed issuer to parties vending securities or other assets into the listed issuer (the new security’s holders), such that after completion of the transaction(s), the new security’s holders will own more than 50% of the outstanding voting securities of the listed issuer, with an accompanying change of control of the listed issuer. A reverse takeover (RTO)/backdoor listing can be completed through various transactions, including a business or asset acquisition, an amalgamation, a plan of arrangement, or other form of reorganization. The listing of securities of an issuer formed in accordance with an RTO/backdoor listing is treated as a new listing.
Rights
A temporary privilege that lets shareholders purchase additional shares directly from the issuer at a stated price. The price is usually less than the market price of the common shares on the day the rights are issued. The rights are only valid within a given time period.