General Discussion, page-1228

May I offer a perspective on why these shortsellers are keeping the SYR price down?

For starters, I attach a MONTHLY Chart below: longer term time frames show that prices have been supported from the Low 40c levels consecutively, each time putting a move at 100% or more. Subsequently prices have been kept lower creating a series of higher highs and higher lows, despite this the shortseller count has not increased. It is my view that shorts are deliberately keeping it low to either entice Sophs to take a short as they provide some covering liquidity for Big Whales (because retail; cannot get much shares to short) and whoever large player is looking to take profits from highs, will be looking to do so on their shorts and therefore it isn't wise from a large insto level to short INTO support zones without some inside info thats fundamentally and technically going to affect share price.



As per the shortseller data below. it is almost a splitting reflection of SYR's Daily Stock Chart!! There is a MAJOR DIVERGENCE between shortseller covering vs SYR Share Price!

Evidently, as prices are DECLINING, so is the SHORTSELLERS ADDING! Only the foolish Soph/Retail that can get borrows will look to short at support zones. As per the notes attached in the ShortMan Graph below!!

SENTIMENT: BULLISH! Price tomorrow could open at 50.5c but will see how things play!
POSITION: Took a Feeler Long not as large as the whales but still a nice entry once again below the Capital Raising.
Series 1 Con Notes will be ready to sell once prices hit 66c as per the ASX Release so I am suspecting once prices can get there, there will be definite supply of shares to dump


TELL ME THIS SYRAH DAILY CHART DOESN'T LOOK EXACTLY LIKE THE SYR SHORTMAN GRAPH!?!?!?!?! I SHOULD HAVE TAKEN BIGGER SIZE MY OWN RESEARCH IS MAKING ME MORE BULLISH DAMN IT!!!



My baby purchase sadly