@asb83 really backed down there, not even a reply to share his calculation. one can only assume there are no calculations to share? infact that seems like a common theme on all the shorters here. No calcs, just misinformation...
Personally, i am very disappointed. I have numerous short positions open across AU,HK,FTSE,US. Shorting is not the easiest and i would have love to see some calculations.
All he/she has is a reduction in broker target which still puts us significantly the money. Not a real reason to short...
Admittedly i sometimes wonder if we are too rosy on GXY as after all the shareprice is lower now than before. After all the market is always right (albiet in the long-run). But looking at this thing, even the worse case inputs shows the Market has it wrong in the short-term. Manipulation is part of the game and i am happy to be betting against the manipulation.. shorters, please share some sort of investment rationale apart from misinformation
- Forums
- ASX - By Stock
- GXY
- Conf Call (Long positions only)
Conf Call (Long positions only), page-69
-
- There are more pages in this discussion • 6 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
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online