BIG 0.00% $2.22 big un limited

1 dollar party, page-90

  1. 181 Posts.
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    You may very well be right Potgut.

    https://www.shortman.com.au/stock?q=big

    However, can you give any explanation for the almost 30% shorts on 5/2? Just 3 days before AFR article released. 30% compared to previous % of shorts is highly irregular?

    No other MSM coverage of BIG at the time. All previous market sensitive announcements, at face value appeared positive and no cause for concern.

    31/1 Quarterly update.

    1/2 Steinberg appointed to board.

    There are long bows everywhere, JS and his tenuous links to deceased and disgraced accountant, BIG's unbelievably complex funding / financing / sponsorship program with FCC.

    However I just cant seem to be able to come up with a logical above board conclusion as to why suddenly on that day, after previous positive announcements, and just days before a negative article was to be released that the shorts increased to 30%.

    If a stock went up or down 30% on the back of no news the ASX would no doubt issue a speeding ticket?

    Surely, as many have pointed out, BIG has had some RED flags come out. You would think that this short trading would also raise those same RED flags because as we sit now whoever has taken those positions, has either closed and made a very nice short term profit or sitting on a nice paper gain.

    Disclaimer - I am not suggesting anything sinister has occurred am just merely highlighting an eyebrow raising trading pattern.

    Any conspiracy theories welcome...
 
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