you can view short position like that in a number of ways....
If the price continues to rise over next few days/weeks, these shorters will likely start covering their positions.
To do that they have to buy shares.
Can give a nice boost to the price action.
They can provide a good demand for the stock independant of any news flow since they just want to conserve the profits from their short, and maybe even go long to gain from any upside.
- Forums
- ASX - By Stock
- any thoughts on ggl
any thoughts on ggl, page-3
Featured News
Featured News
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online