Simple: longs believe the trend is reversing, so they buy more and the price goes up. At the same time, shorts are following closing and shorting to same levels. So aggregated shorts go up.
One thing is sure, shorts are in no hurry to cover.
Why would they, this company is paralyzed and executes at snail speed.
For 2 years we have heard "it is strategic, they just keep their cards close to their chests". Two years. Did the whole table f*1ng fall asleep or what?
- Forums
- ASX - By Stock
- GXY
- Banter and General Comments
Banter and General Comments, page-13591
-
- There are more pages in this discussion • 7,441 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)