I posted recently about this website(tried copying but it will not show the website) which contained information re: small companies being shorted. This report is published every fortnight and is called Short and Caught . There are a bunch of companies mentioned amongst which, Senex.
However it also gives you a short interest volume which I can't understand. It is much larger that the total Senex volume traded on the day, so I am not sure of its relevance??. For example: on 9/3 it gives you short interest volume of 65.47m - yet the amount of shares traded on the day was 30,664m.
In this report , the main thing that I noted was that on almost every fortnight, with the exception of 2, the share price has been slowly going up - with a firm lid on it so far of 25... let's hope in a few months from now, this creeps up slowly in the direction we are all aiming . It is frustrating I know, but positive news when they come should give us the boost up.
SXY Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
