STX 4.44% 21.5¢ strike energy limited

Short squeeze party thread, page-116

  1. 215 Posts.
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    Reminds me of NWE and the way it was trading prior to the MIN takeover being announced, and then even more so once the takeover was announced. The odd jump here or there but always squeezed back down - from memory MIN were using Bell Potter to do some of their bidding for them. There were likewise the odd little white ant like JL - who is clearly not who he says he is. With all the issues with this stock in his opinion, he would have quickly moved on to his next target if he was a serious investor, but he has chosen to hang around. Very strange behaviour indeed, the kind of person who seems specifically here to do a job.

    I wouldn't be surprised if this market movement was to be the setup for some M&A. Just hard to believe that it is shorters who are simply providing liquidity for the market.... AIMO
 
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