Or is it a case of shorters allowing the cow to fatten before the slaughter? There are signs in the past that indicated this is how the game had been played out by the shorters i.e. they will go quiet to allow DCN to rise and once there is enough fat, they will move in. Fortunately these shorters are small time players: otherwise they wouldn't be shorting DCN given the daily trading value is low.
Lets hope that this time, if they ever decide to do just that, there will be enough buyers with serious fund to cause a short squeeze!!! A short squeeze can easily push the SP to well above 60c!!
@ANTON707
- Forums
- ASX - By Stock
- 2021 Production
Or is it a case of shorters allowing the cow to fatten before...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DCN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online