MCC macarthur coal limited
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short seller

  1. Weihuawang
    1,015 Posts.
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    19/12/08
    13:27
    Post #: 4624005
    According to ASX short selling report, 867,920 shares were shorted on MCC yesterday, accounting to 42.47% of trading volume, but share price went up 6c at market closing.

    If the short selling was still banned by ASIC, MCC would be back above $3.2 already.

    Short sellers only kill someone with weak confidence, or too greedy on margin lending.





    MCC Price at posting: $2.84 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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