Isnt there another side to a large short position, assuming the company actually does well?
i.e. if the iron ore price holds, and AGO starts to post some good results, wouldnt that mean the short holders have to buy to close out their positions and in fact AGO could push higher?
A few key assumptions here obviously, but it appears that FY14 has a good chance of holding a higher average IO price than FY13...
Maybe those shorters know something I dont...
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iron ore trades higher, page-9
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