yes they will close out those shorts but only on very weak days (ie ASX200 down 2% plus) and we will have many weak days ahead if they dont start QE3 in the US. But the problem is that these shorters have created alot of technical damage to the SP and new highs for the stock is unlikely unless we see substantialy good news out of LYC...
being shorted like crazy, page-10
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Last
$7.04 |
Change
0.015(0.21%) |
Mkt cap ! $6.580B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.08 | $6.92 | $5.922M | 849.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 9980 | $7.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 7991 | 25 |
View Market Depth
| Last trade - 12.01pm 30/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |