moving time?, page-132

So a number of people believe that the shares are going to rise from the 45c level. That does not mean that the share price WILL rise and in fact on reasonably disappointing news (such as missing guidance) and say a 10% fall from current SP, there will be a scramble to exit before it falls further leading to larger and larger declines (race for the exit). This same thing has happened to countless other stocks across the ASX, and longs were seriously burned. Similar could happen here towards end of July if production numbers are less than guidance / anticipated.


I hold and continue to hold. I'm on the fence on whether they are just meeting their reporting obligations (quiet because everything is on track for what they said they would do), or whether they are quiet because they are hiding bad news. I will take my chances and see. However, your argument is that you've seen shorters get it wrong before therefore this time they must be wrong also?