SMR stanmore resources limited
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Hi, I do not hold this stock but am posting to make holders...

  1. Zia
    4,178 Posts.
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    30/04/11
    08:37
    Post #: 8333637
    Hi,

    I do not hold this stock but am posting to make holders aware of possible shorting of the stock.

    Nothing proven but worth a read of the Gold thread, BoA lodged similar notices for 9 gold stocks yesterday along with 5 coal stocks:

    REY
    SMR
    CLR
    MTE
    EPG

    seems to be happening to too many stocks for it to be coincidence? Judge for yourself. If you hold this stock it is a must read.

    Is Bank of America Shorting Your Gold Stocks ?


    Dan Norcini's article, also well worth the read as the same logic could apply to coal stocks:

    Hedge Fund Ratio Spread Trades Continue to Distort the Value of the Mining Shares

    Cheers all.

    Disclosure: I hold SBL and was fuming when I read this could be happening.
    SMR Price at posting: $1.24 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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