Look at the volume!
Go to shortman.com.au:
http://www.shortman.com.au/stock?q=gor
Note the sorts at 7 March... AND that's how a short squeeze starts. Everyday ho-hum, sp drifting slowly lower, seasonal strength months away, then BOOOOOOOOOOOOOOOOOOOOOOMMMMMMMMM.
Over the next four days or so shortman will update today until then daily transactions detailing short sales will tell the tale.
This week's questions around GOR: Short squeeze spike? Spike level to become a sp floor? GFI or Sumi or ??? making a material move, eg. JV, t/o? GOR has found the motherlode?
I don't know. I do know the considerable amount of shorts that stuck around may just be greedy, miscalculating losers for not covering like almost half did since 2.11.16's 7.20%.
This week's sp moves may be a war with Monday chalked up to longs. I expect the shorts to launch a savage sp attack, if it's bought by a deep pocket insto, or secret acquirer, then the grown men owning the shorts will weep.
One other possibility, and I'm not suggesting I'm outlining all the possibilities, is that GOR is in play. With its treasury full they're a HUGE t/o LBO target. Dollars away from what I'd like to see.
OV
- Forums
- ASX - By Stock
- GOR
- Hello Short Squeeze!
Hello Short Squeeze!
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.86 |
Change
0.040(2.20%) |
Mkt cap ! $2.016B |
Open | High | Low | Value | Volume |
$1.82 | $1.88 | $1.81 | $10.48M | 5.671M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 46596 | $1.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.87 | 5940 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 46596 | 1.855 |
5 | 45778 | 1.850 |
4 | 77905 | 1.845 |
7 | 30809 | 1.840 |
2 | 44749 | 1.835 |
Price($) | Vol. | No. |
---|---|---|
1.865 | 5940 | 2 |
1.870 | 69219 | 6 |
1.875 | 44236 | 6 |
1.880 | 40624 | 5 |
1.885 | 11750 | 2 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
Featured News
GOR (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online