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IMUGENE CHART. TA only, page-30860

  1. 14,483 Posts.
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    Dicky I have no data available to me so can’t confirm but short/ hedge positions were at the similar level when the SP was 4 cents to what is in now and I can tell you that short positions don’t like it when the SP more then triples therefore close out.
    As they didn’t , one can confirm that they’re hedges. Shorters aren’t that stupid.

    Give us your theory if you like?

    Cheers.
 
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