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29.5¢ quintis ltd

Milesy Also worth looking at the same chart under TFC you will...

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tippy

296 Posts.

18/05/17

17:06

Post #: 24776370
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Originally posted by milesy ↑

Lots of sheep in both directions.

Whilst the graph I showed meant that many shorts piled in when the report first came out, there was another spate of shorters who took up positions in the last three days of trading.

These 5 mill or so in shorts will probably be a little nervous they were late to the game.

Any others who haven't covered, would probably have shorted around $1.50 -$1 and have plenty of wriggle room.

Buy as HT says, the outcome of the suspension will be the litmus test as to how the share price reacts.

It's going to be an emotional time one way or the other (fear or greed), so best you have a plan in place on the spectrum from best to worst case scenarios, to make decision making easier on the day.

Best of luck.

Milesy

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Milesy
Also worth looking at the same chart under TFC
you will notice they didn't really pile in at the time of the report. It was above 15% short at the beginning of March well before the GReport

QIN Price at posting: 29.5¢ Sentiment: None Disclosure: Held
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0 Great analysis

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