GXY galaxy resources limited
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Ann: Re-release - Mt Cattlin Update, page-84

  1. Ninja Tuna
    2,874 Posts.
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    13/12/18
    09:57
    Post #: 36843097
    Why are shorters in a lot of trouble?
    Because they are not able to cover
    50% shorts a day and net shorts keep going up while SP rises means they can at most short 1 share and buy back 1 share at the same time.
    On a net basis, they are really shorting around 1.5/2 shares in order to buy back 1 share. Yet share price keeps rising


    Not advice
    GXY Price at posting: $2.54 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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