Loving this short position chart (as of today) for holders who are long or day trading on TPW. Whilst 4 trading days old, it shows TPW is down to 4.46% of all stock shorted, which is the lowest positionI can see in over 12 months and dropping. I believe this downward short position trend is going to continue. (Read the annual report and make your own mind up as to the future, the vision and potential of this company over the next 3 to 5 years). No real bad news for shorters to prey on. TPW has cash in the bank , no debt and a vision to grow the business to be the number 1 on line furniture and homeware retailer in Oz. I like these periods to accumulate and trade on the dips (which there will be as the market may still not have settled on what this stocks current true value is. Less short shorting for me means less pressure on bots and big investors trying to force the price down!
TPW Price at posting:
$6.84 Sentiment: Hold Disclosure: Held
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