Strange post, I wouldn’t call them longs if they fold to make a few cents. The shorts have their exit strategy one way or another. I’m sure the shorts have a few shares to sell down as they cover. They would have pretty complex programs to help them out I.e. keep the price down while minimising the amount they need to sell while they start to cover. I’m sure they can do it with the first few percent they need to cover, may get harder latter. Those that exit last will be hit the hardest I imagine.
Last year our run started in September, just need to hope history repeats itself.
- Forums
- ASX - By Stock
- GXY
- Shorters... Good luck!
Shorters... Good luck!, page-1042
-
- There are more pages in this discussion • 150 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 GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online