OZL 0.00% $26.44 oz minerals limited

cadence capital shorting ozl , page-4

  1. 13,928 Posts.
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    Good post but why was OZL so easy to short from $7.50 to $5.80? Lack of willing buyers (except me at $6.30)?

    Good to see some directors buying recently.....should be more of it.

    OZL need to come through the pit expansion overburden and post some good numbers or do a clever deal with someone to burn the shorters IMO. We might get lucky with some chinese stimulus or magical global economic boom but that is a long shot.

    Maybe the shorters will try on some pump and dump action in the meanwhile - pump up to around $6.50 then dump to $5.50 to $5.80.

    I will hang on to my new holding to 2014 myself as LT things will change for the good once pit expansion is complete but if I have spare cash from other trades I will buy up in the dips and trade with the shorters in any pump and dump cycles with that parcel or hold if it breaks out on a good ann.
 
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