Excuse me if I am wrong (and please correct me) however I thought shorters borrowed shares off a holder/holders then sold them at market to force the SP down and at what they predict/think is the bottom buy the shares back and wait patiently for the SP to rise.
If the above is correct then IMO that's exactly what should /will happen once the drill starts turning and we get results, the shorters should easily make their money and return the shares to their rightful owners.
I for one have benefited from this as I have bought back in over the last 4-6weeks and fully expect that there will be additional opportunities once news is released Dec - Jan - Feb and will definitely consider taking advantage if the shorters continue to work their black magic, will also say that I don't agree with how they operate (hate is a strong word but probably is a more suitable description) however if we can't beat them then use the b**stards and profit by them!!!!
HKP
Shorter still at it, page-16
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46.5¢ |
Change
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Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3338 | 46.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 199900 | 2 |
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