RHK 0.64% 79.0¢ red hawk mining limited

yesterdays shortsell report, page-8

  1. 3,702 Posts.
    lightbulb Created with Sketch. 5
    Agreed sumayo, the more shorts open the more likely a covering rally will occur, but sometimes I wish they would not bother shorting at all, as it increases volatility and can play havoc with honest mum's and dad's who may get spooked and sell out prematurely on a short selling retrace. they didn't ban this practice for no reason during the GFC. They did it to prevent the scumbag predators from benefiting from the amount of fear in the market.

    The number of shares short on FMS has been very stagnant at 21445046 being 1.18%, this has not changed for weeks according to the data available here:

    http://www.asic.gov.au/short-position-reports
    This data is only reported 4 days old, so we will have to wait a few days to see the change in positions post PFS. Ond day delayed turnover can be viewed here but does not indicate proportion of closing or opening units.



 
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1 3000 78.0¢
 

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