Because I despise short sellers so much, I’ve never learnt too much about them, but now I’m wondering what sort of margins they tend to operate on and whether we can see them in the orders we’re looking at today?
Are shorters behind the 5 million-odd shares for sale at 3.7 cents?
Since they’ve already borrowed the shares (or whatever they do), how low are they prepared to drop their sale price in order to sell?
Then how much lower would they need to push the price to make the sort of money they’re after?
If anyone feels like educating me, I’d be grateful.
IMU Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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