AGO 0.00% 4.5¢ atlas iron limited

6th most shorted % of stock 2 days in a row

  1. 403 Posts.
    Wonder why apart from market sentiment AGO seems to struggle to increase SP over the last couple of days. Why we have a 10% SP difference over 2 days backwards(not closing price)
    According to ASX for the last 2 days we have been 6th on the shorted % of stock.
    Whereas most companies are getting up to .01 to .03% of transactions as shorts we have been getting 0.47 and 0.39%. if these shorters were not here we would of bucked the market trends and be up in the $1 mark by now.
    If you are a shorter give us your opinion of why this is still a target?
    to me it looks like your fighting a slowly losing battle with the IO market turning to the positive. When will the target market change?

    Come Monday im sure the shorts for today will be high.

    Dont be bashful give us some real answers. a speel from someone that sells short to buy low is not the "market" these questions are for but a real shorter who has to report their shorts to the ASX. We will be nice if you come out of the woodwork to explain.
 
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.