You seem to be suggesting that they are not acting in our best interests. I sure that they would be appalled by the inference.
During the GFC they said that you should be buying the Collaterised Mortgages and that is exactly what they were hmmmm? you may have a point ;)
Let's try it a different way.
Impatient with the slow progress that they have achieved through coded messages that they have to send to all of the short-sellers as to their price intention, for they would not want to manipulate the market, they have just sent all the short-sellers a price target.
See you at $7.33 or there abouts.
Question to show my ignorance.
Four days ago (my latest figures) the short sellers were at (09 November 2012) 54,400,204 Shares 12.993%
I can only assume that that figure has gone up.
What happens at this tipping point when they start buying back again.
Is this one almighty bounce?
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$6.57 |
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Open | High | Low | Value | Volume |
$6.55 | $6.59 | $6.41 | $13.12M | 2.009M |
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---|---|---|
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2 | 8437 | 6.400 |
2 | 240 | 6.260 |
1 | 100 | 6.250 |
1 | 3221 | 6.210 |
Price($) | Vol. | No. |
---|---|---|
6.590 | 2850 | 1 |
6.600 | 188 | 1 |
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