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Good News & Bad News, page-39580

  1. 14,053 Posts.
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    all this talk about shorts covering ... I don't buy it all.

    https://hotcopper.com.au/data/attachments/5998/5998567-400d5f772b0c8406cdd2dc92ac4995b2.jpg

    you'd think if they were worried about a short squeeze they wouldn't be shorting more and more
    the day before ie Feb 27 6.3 m transactions were short then the next day when the price rose 7.5% and went through key resistance ie just below $4 the actual number of short transactions increased from 6.3m to 9.5m
    will be interesting to see if the total number of shorts for feb 28 when the share price went up 7.5% will be.
    I have checked few of the daily short reports leading up Feb 29 and the number shorted seems to be increasing.
    any number above 639,349,371 would indicate that shorters are not covering at all.
    But due to the 4 day time lag, we won't know till March 2
 
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