MYX 0.22% $4.61 mayne pharma group limited

Ann: Mayne Pharma appoints new CFO, page-13

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  1. 2,891 Posts.
    lightbulb Created with Sketch. 810
    Shorts slowly unwinding but market has allowed these mugs to unwind very cheaply. Another example of how the bots can be used by the big players to control price action to let them buy back in as cheaply as possible.

    Check the recent peak in shorts vs recent low.

    https://hotcopper.com.au/data/attachments/4532/4532727-8ab4a5fd032948f7604ba6df1824bc90.jpghttps://hotcopper.com.au/data/attachments/4532/4532729-ce0ac17cc7ab387fbb5ed2d888249f92.jpg
    23 million shares movement. When we are trading a couple million shares a day, this is some volume and therefore alludes to most of the recent volume buying in has been the shorters.

    When will the shorters shorting 71 million plus shares be punished by the market? Unlikely as us retail holders can't compete against the big money.




 
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