DCN dacian gold limited

Ann: Change in substantial holding from CBA, page-7

  1. 3,302 Posts.
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    CBA is often involved in shorting, nothing new there.

    Furthermore, from my observations, shorting is often a ploy to cap or reduce a stock price, so that a party can accumulate that stock.

    When that party has accumulated enough stock, the shorts then become longs.

    The only time where this may be different is if a company is performing badly.

    At last count, DCN only has 3.3% shorts. If it got back to over 5% or higher, I would be wondering why.

    DCN still seems to be trading within a range between around $2.60 (strong support) and $3.00 (strong resistance) fron what I can tell.

    https://www.shortman.com.au/stock?q=Dcn
 
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