ADT 2.60% $3.55 adriatic metals plc

Ann: Operations Update Presentation, page-47

  1. 1,401 Posts.
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    This is pretty interesting, really. But it would seem more likely than not that they borrowed the 750,000 yesterday and have used them to cap at 3.50 rather than actually sell them. IF that's what has happened here, whoever is behind it has shown some vulnerability. They aren't confident to execute the additional short and are trying to stem the bleeding and kill price momentum. Could be the first smell of a few drops of blood in the water.

    Retail ramblings and speculation...
 
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