cudeco shorting activity, page-148

Hi Bitzer absolutely agree - the daily shortlist is useless info as it includes covered shorts on the day- The S/P went down to $1.37 in the period Max mentioned because M & G dumped 34 million shares on market simple explanation supply far outweighed demand - more sellers than buyers- Since they have stopped selling the S/P has gone from $1.50 to $2.30 which makes a mockery of shorting suppressing the price. Demand now outweighs supply and the stock is responding accordingly

Boneheads chart is interesting to look at the shorts in the yellow band - it was a no brainer the herd jumped on the shorting bandwagon to some degree with M & G dumping - CDU with only 3.5% of shares on issue is not a heavily shorted stock - in fact in the whole time i have been watching CDU shorts over the last 5 years its never even made the top 20 most heavily shorted stock list

hOOt