Boris hold back on the vodka a minute -
From the Shortman who has made it easy to understand:
"Short selling is a technique used to profit from a fall in the price of a stock. It is a method where you sell first, and buy later - if the price of the stock drops then you are selling for a higher price than you are buying resulting in a profit."
So we go back to Thursday when we came out of the Trading Halt and wandered where all that selling pressure came from:
This wasn't mums and dads dumping - this was shorters at work - 50.05% of ALL the shares traded were dumped Short trades who were deliberately trying to push the SP down - 50.05%
Column 1 Column 2 Column 5 Column 6 1 Date Gross shorts 1 Trade volume 3 Shorts as % of volume 2 Thu 12th Nov, 2015 26,018,445 51,983,499 50.05%
.....you guys get on here and claim it was because of this and that and start up thread after thread spamming like mad because you know mums and dads have no idea and are already upset at seeing paper losses on their investment - how easy for the wolves to run with the lambs...
We will get the figures for shorts that were taken out on Friday - tomorrow.
We also know what happened to lots of the last short positions at the end of September when the sp shot up $2 over a week - the POO had lifted and all the oilers went up and the shorts had to come in to re-buy the shares they had dumped..
Thursday and Friday went to the shorts they are the reason for the sp collapse - no sp of ANY company could withstand an attack like that %50.05 of all trades were shorts dumping - its amazing we held above $4 - no wander you guys were so confident during the Trading Halt of the sp collapsing - you knew that attack was coming..... the organisers/underwriters of this CR would have know this possibility before hand of that I'm confident - I just wander what this week will bring to these shorters some of whom are most definitely spamming these threads - wolves running with the lambs.... but their are other types of wolves who also make money from predicating behaviour - predators who feed on predators... Shorts would have used up most if not all their firepower in using shares as ammunition last week.
Maybe it time to come in for whoever has been watching this play out knowing the shorts will panic and cove like they did last time...that's the thing with predators - they'll eat each other..
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Boris hold back on the vodka a minute - From the Shortman who...
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Last
$7.78 |
Change
0.010(0.13%) |
Mkt cap ! $25.28B |
Open | High | Low | Value | Volume |
$7.76 | $7.79 | $7.75 | $27.20M | 3.772M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 56739 | $7.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.78 | 57223 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
52 | 57304 | 7.770 |
32 | 60128 | 7.760 |
29 | 80603 | 7.750 |
13 | 22188 | 7.740 |
8 | 22140 | 7.730 |
Price($) | Vol. | No. |
---|---|---|
7.780 | 54667 | 21 |
7.790 | 67717 | 19 |
7.800 | 245841 | 50 |
7.810 | 36238 | 17 |
7.820 | 79365 | 24 |
Last trade - 11.33am 18/07/2025 (20 minute delay) ? |
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