SAR 0.00% $4.69 saracen mineral holdings limited

shorts must be getting a little nervous, page-12

  1. 13 Posts.
    Hi Yanlin

    I'd like to see the shorts run out of steam too however the the institutional lending pool is still deep re the access to borrow SAR. for 1-2%Fee annualised SAR shs can still be rented in good size.

    That said Insto. shorts in small mining companies can quickly become painful trades when/if the stock rallies so any +ve price perfomance would be monitored v closely.

    The near term peak in SAR borrow activity was in mid to late June ( px 0.55 - 0.59cps ) the stock would need to tick back to these levels to really shake out the shorts imho.

    lets hope the px appreciation continues!!
 
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