MYR myer holdings limited

buying till Financial report is out, page-13

  1. 10,673 Posts.
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    There is more to the story in regard to shorting.

    The Open Stock shorts we see on shortman is one part.

    There is also Warrants, Call Warrants and Put Warrants.

    The Warrant Writer, of the Calls and Puts is UBS and other warrant writers.

    The Buyers of those Warrants are Funds and Other warrant issuers hedging.

    The Shorts on MYR, just show that the Warrants will be heavily stacked both long and short.

    So for the Stock to be 16% Short its still 84% net Longs in the Trade.

    The Holders of the Stock Shorts most likely have Bought Call Warrants at higher strike prices.

    The Pushing down with shorts can also be to set up their Call Warrants.

    Once they have bases loaded on call Warrants, they buy back their Shorts and send the stock for a run and Clean up on their Call Warrants.

    Yes its a Brain bender, and I dont fully understand it myself, but MYR should release the handbrake soon.

    The handbrake should get released on TLS and CSR as well as a few others.

    It should snap out of the Coma soon,

    Who would risk being short at these levels close to the report due ??

    IMO they will hold it down and start to cover and be neutral weighted for the report.
    Last edited by ChippyDude: 02/08/17
 
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(20min delay)
Last
61.5¢
Change
0.010(1.65%)
Mkt cap ! $1.062B
Open High Low Value Volume
60.0¢ 62.5¢ 59.8¢ $3.415M 5.582M

Buyers (Bids)

No. Vol. Price($)
2 19696 61.5¢
 

Sellers (Offers)

Price($) Vol. No.
62.5¢ 92228 2
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MYR (ASX) Chart
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