are us banks shorting ozzie goldies - (boa), page-33

loki01

Eventually something will have to give with these hedge funds which have targeted some of the small & mid tier miners with their short trades. Sheer muscle power within the small to mid size sector has given them control, call it a Put Option against their long metal positions.

Unless i have missed it, I didn't see any such notices on the large caps.

However share price is determined by profit, so if you have a profitable miner then i would been adding to my positions.

For the likes of BOA, who continue to push the trade, eventually they will have to cover. The longer this game goes on, the bigger the covering rally will be.