doesn’t make sense :-
like if you own shares in a company why then would you knowingly loan them out to some one that is going to sell them short!, and by the increase in the short positions it looks like they have already been sold short
Also thinking it through if this has happened and these DYL shares have already been sold short and yet they haven’t been able yet to keep it under a $1 then this makes me even more bullish DYL
remember these shorter sooner or later have to cover their positions by buying them back on market
Justin Huhn from Uranium Insider believes the spot price will rise further and soon, and if it spikes up significantly then what extra pressure will a rising spot price put on the short sellers to cover their positions
go the spot price and squeeze the sh1t out of those short sellers by forcing the share price of DYL higher - If I recall correctly last time there was a big short position in DYL that’s exactly what happened
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Last
$1.21 |
Change
0.050(4.33%) |
Mkt cap ! $1.167B |
Open | High | Low | Value | Volume |
$1.16 | $1.22 | $1.14 | $6.363M | 5.318M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 62763 | $1.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.22 | 7618 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 62763 | 1.205 |
4 | 11735 | 1.200 |
2 | 27618 | 1.195 |
3 | 49204 | 1.190 |
2 | 17744 | 1.185 |
Price($) | Vol. | No. |
---|---|---|
1.215 | 7618 | 1 |
1.220 | 7618 | 1 |
1.225 | 17618 | 2 |
1.230 | 7618 | 1 |
1.235 | 24134 | 4 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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DYL (ASX) Chart |