GMD genesis minerals limited

GMD TA, page-117

  1. 6,833 Posts.
    lightbulb Created with Sketch. 3500
    I think they may have doubled down or increased they shorts at the very least.

    They are working awfully hard to show lower highs and lower lows on the chart the last 5 days.
    https://hotcopper.com.au/data/attachments/6572/6572319-51625e6847bcb807f48f2a9e1a4c05d1.jpg
    This is contrary to what gold (USD and AUD even more so) and other goldminers have been in the same period - Higher highs and higher lows.
    https://hotcopper.com.au/data/attachments/6572/6572332-414a25ee72ae969d100fd63eec49d880.jpg

    https://hotcopper.com.au/data/attachments/6572/6572358-52f14040bc7149d9b7fd581fa8c2634d.jpg

    I guess we will see the short positions in the next few days. But If what I suspect is true (that they've increased) then these shorts are well beyond hubris. This is now crazy.
    https://hotcopper.com.au/data/attachments/6572/6572363-fa81e267d36104b8c41ba9aba30fc8aa.jpg


    Last edited by Exised: 30/10/24
 
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