oz...boy mentions the 38MM shorts, and "a long way to go," without context.
The shorts peaked at +62MM on 4 November at 62,657,712, and have been on a solid downtrend since. I like trends that favour my investments.
http://www.shortman.com.au/stock?q=gor
With this magnitude of very orderly short covering the risk of a short squeeze diminishes daily, but still remains.
The question I've put to myself is: Primarily investors are out to make profit, but not exclusively. Could a significant amount of shorts be there to accumulate a strategic position in GOR to facilitate a ???
Succinctly, I'm speculating the gross part of the shorts is NOT to drive GOR into the dirt.
OV
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Last
$1.77 |
Change
-0.010(0.56%) |
Mkt cap ! $1.922B |
Open | High | Low | Value | Volume |
$1.78 | $1.79 | $1.76 | $273.0K | 154.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 17563 | $1.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.77 | 22033 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 22775 | 1.765 |
15 | 50198 | 1.760 |
11 | 75921 | 1.755 |
13 | 97978 | 1.750 |
8 | 23106 | 1.745 |
Price($) | Vol. | No. |
---|---|---|
1.770 | 10736 | 20 |
1.775 | 35208 | 12 |
1.780 | 67938 | 16 |
1.785 | 159554 | 15 |
1.790 | 74705 | 8 |
Last trade - 10.31am 26/07/2024 (20 minute delay) ? |
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