The reason shorts increased at that time is that insider selling is a classic red flag used by traders. It unfortunately is often highly correlated with subsequent share price performance.
I have no problem with directors selling but they need to be ethical about it. They may be completely innocent but in hindsight this looks dodgy.
Lending rates can blow out on the odd occasion, usually over the short term only. 18% is per annum, so the shorter will try to undo the borrow asap when availability improves.
Don’t believe hearsay. Don’t believe me. Find out by ringing a stock lender like UBS and asking.
- Forums
- ASX - By Stock
- Ann: Business Update
The reason shorts increased at that time is that insider selling...
-
- There are more pages in this discussion • 220 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PET (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
PET (ASX) Chart |
Day chart unavailable