BAL 0.00% $13.23 bellamy's australia limited

BAL Bloodbath, page-72

  1. 41 Posts.
    So Keith can you please confirm.

    % of shorts prior to Friday was around 12 to 13% as per other posts. 99m shares in total for Bellamy's does that mean the total number of shares held short have increased from 12 to 14 M.

    After a 43% drop that is a big call for a company making profit. Comparing this to Slater & Gordon by others is surely a little silly. Off memory did SGH not report a 900m loss.

    Personally if the SP holds reasonably steady for the next few days those that are short may get a bit nervous and close their positions. Why does everyone think shorts have nerves of steel and LTH don't.
 
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