MBE Oversold, page-479

I'm just having a wee look at the short numbers from Shortman.com.au for MBE: http://www.shortman.com.au/stock?q=mbe

It's interesting that there is barely any shorts reported for that day with only 17,000 shares shorted. I think it may be telling that someone with a lot of shares or a lot of people with shares decided to head for the hills.

It also suggests to me that perhaps the buying that we see/saw is people looking to hold rather than merely closing a short position.

Interesting info to ponder imo.