There's also no evident short-term insider trading, despite Tolga v. Stock Swami and people like Stephen Dobson:
This quarterly report was issued before the ASX opened on 28 July.
NCZ's share price opened at $1.56 and peaked at $1.61 before closing at $1.55 on 27 July, with only 44,900 shares traded on ASX.
NCZ's share price opened at $1.56 and hit $1.65 a few times before closing at $1.63 on 28 July, with 134,800 shares traded on ASX.
Today, NCZ's share price opened at $1.685 and peaked at $1.78 before closing at $1.72 on 28 July, with 74,419 shares traded on ASX - as it people only digested/read information overnight.
BUT: If short sellers need to urgently close a position, before they're also short their trousers, does that make it a relatively* sure bet if I buy late on the first day of a positive announcement and a rapid price increase for a highly shorted stock?
* I have learnt, expensively, to be particularly sceptical when I am emotively confident.
