CDU 0.00% 23.5¢ cudeco limited

cudeco shorting activity, page-13

  1. 24,386 Posts.
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    " Shorters took them down to approx .80 cents approx two weeks ago…but that was as low as they could take them…the rest is history…a whole bunch of burnt shorters..imho."

    Well gjcl,

    Let me tell you that, with those comments of yours that you made above, it only proves that you might know very little, if anything at all, about the shorting of shares, and that you might be shooting from the hip.

    I am not a shorter and I wouldn't even know where to begin shorting from, but I have made a hell of a lot of research in the past to try and learn how it operates, and the consequences that may happen to some that choose to make use of that facility.

    One thing is for sure though, and that is, that IMO, you are totally wrong and you couldn't be further from the truth in what you wrote.
    How can you say that the shorters that shorted the LNC shares forcing them to come down to around the 80 cents are now burning in their pants.?? LOL!!!!

    Haven't you noticed that these shorters, (if there were any that is and not some shareholders getting out instead), they would have started the shorting of LNC shares well above the $2 dollars per share mark until they reached the 80 cents.?? Now, why would they be suffering and feel the burning of their short when they would have covered their short by buying back at the 80 cents mark.??
    TO ME, anyway, that represent a net profit of at least $1.20 per share.

    NOT BAD AT ALL for the pains from the burning of their shorts, is it.!!!

    Let me now into another secret gjcl. I have been following those overselling of LNC shares and, when they reached the 80 cents mark and started heading back the other way, I bought a swag of them and sold them at an average of about $1.80 per share. Better than buying more CDU shares in order to average down like many here are constantly promoting, or should I say Ramping.

    IMO there will be a time that CDU might come good (Note that I have said might and not certain because we are now in the hands of some outside forces), but it will be a while before that will happen. And IMO there is better places that one can invest that surplus money they hold, instead of just buying for the sake of hoping for better things to come.

    Cheers mate.
 
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