GDA good drinks australia ltd
Add to My Watchlist 0.00% ! 32.0¢

massive short covering rally on the way

  1. watso
    31,765 Posts.
    lightbulb Created with Sketch. 4
    clock Created with Sketch.
    22/09/08
    10:28
    Post #: 4295860
    with the asx set to ban short selling, then watch out for stocks that have been shorted by the hedge funds. watso suspects that the hedge funds have been consistently short selling gda, and that is the reason why the stock is down 90% from earlier highs.

    a trade of about 1000 shares, should pretty well cover any short posiiton
    GDA Price at posting: 3.8¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Marquee declares maiden antimony resource at Eastern Hills with phase two exploration to commence
right-arrow Created with Sketch.
NEWS Strong soil results define new gold targets at Tole and Dadjan
right-arrow Created with Sketch.
NEWS New channel sampling confirms further copper at Graceland, Namibia
right-arrow Created with Sketch.
NEWS Askari sells Burracoppin Gold Project to Forrestania Resources
right-arrow Created with Sketch.
NEWS Strategic investment secured for QLD and NSW bauxite projects
right-arrow Created with Sketch.
NEWS View the latest ASX market news here
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.