CDU 0.00% 23.5¢ cudeco limited

Hi xx, The CDU share price has been unremittingly short sold on...

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  1. 4,265 Posts.
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    Hi xx,

    The CDU share price has been unremittingly short sold on the ASX.

    The last three days trading  figures by the ASX are:

    29.10.2014 - 391,739 CDU shares traded of which 61,109 were short sold (20%)

    30.10.2014 - 169,655 CDU shares traded of which 40,014 were short sold (25%)

    31.10.2014 - 252,305 CDU shares traded of which 83,849 were short sold (33%)

    No wonder the CDU share price can't move higher.

    I am following up my loss on the Melbourne Cup last year by placing a bet on Fawkner once more, Risking 8 CDU shares. $4 x $4 - playing it as safely as I can.

    Hope you have a collect.

    cheers,

    Max
 
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