Evening all, in the last few weeks, seeing the SP nose dive on ridiculous volumes, i have had a sneaking suspicion that the SP was being shorted. I've been keeping an eye on shortman and to my surprise it has only has had the smallest of shorts.
https://www.shortman.com.au/stock?q=Gmv
That means that IF there is any sort of manipulation going on, it's on the BOT side or through legitimate trades. More likely people are just exiting their positions hoping to perhaps come back in at lower levels. I for one, in hindsight, wish i had done the same. Not because I'm a trader, but i would have a much larger holding when the action really starts.
Has anyone heard anything more from the company recently?
Ann: Acquisition of Telerhythmics LLC, page-325
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