SDA 0.00% 79.0¢ speedcast international limited

Ann: Ceasing to be a substantial holder, page-7

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    Shorts can open and close there position when they like or have to buy back when broker calls.

    Institutions don’t like to hold short positions over weekend so you will see them cover late afternoon.

    See below from Wednesday to Thursday shorts decreased.

    Wednesday 7.17 mill shorts
    Thursday 6.5 mill shorts
    Friday ?? I’m expecting more than half to cover in late afternoon pushing the share price close to $2



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    Last edited by stevesy: 05/07/19
 
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