’crash’ likely a strong word ; funds exit in a more organised fashion as opposed to a straight dump and get what they take. Gareth talking about short target of 42.5 is b/s ; the guy wouldn't have a clew ; bulk of shorts will be hedgings ; you’d have noticed that the number of shorts didn't actually move a shot losd with price movements, even when the stock ran into the $1.20/30s. Those shorts will now start to get covered, borrowed stock will need to go back to it's owner ; ; there's no going to be a bucket load of Gareth and his mates in their basement drinking cans of mother, 15 monitors with the same thing on 14 of them ; those retail shorts are likely to be sacrificed, as they higher being funds / hedging take care of themselves and work themselves out ; likely to see some large XTs going through in after auctions .
It's a golden opportunity to get in lower for sure and ride it back up on the news that's going to snowball through ; best think to do imo would be for the company to start release follow up news when they are ready to do do after the 19th ; from that point funds can't sell into it, as they’d largely be gone and only look on as the SP rises...rentering asx200/300 next to round would be at a significantly higher price up at up over $1 imo, from there, they need to buy up again
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