BET 11.8% 8.5¢ betmakers technology group ltd

This is looking good for the long term. Shorters needed to sell...

  1. 1,434 Posts.
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    This is looking good for the long term. Shorters needed to sell a further 3,786,770 shares yesterday to keep a lid on the share price. Getting harder by the day and their short volume to keep a lid on things is growing exponentially (for comparison, this was about the total level of shorting back in mid-May, now that's just a day's worth).

    That kind of volume is more than all the sellers on screen combined by a long way. The reality is, short positions are more than 10 times the sellers on screen now. What happens if the lender of stock calls them back???

    I topped up more this morning. These prices will be looking cheap in the near future given all the future newsflow ahead.


 
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