if you one of accumulated 12 million short as Of yesterday -
you see the aud euro exchange rate this morning and the overnight price action of 65.8 euros in Avz -
And you punch the oz figures in and you see a theoretical price of 1.04 aud
do you open a science book and read up about the dangers and inefficiencies of Lead Acid batteries and try and draw a nexus to your position???
or just go back to sleep
Personally I’m thinking a good read of the dangers and inefficiencies of lead acid batteries would be a good thing to distract a short position from the burns that could be coming given the overnight action
time will tell
AVZ Price at posting:
89.5¢ Sentiment: None Disclosure: Held