KIM kimberley diamond company nl.

can kim be shorted, page-5

  1. 6,429 Posts.
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    DavidC & Paschal,

    There was no evidence of shorting in Fridays course of sales.

    Anybody considering shorting this stock (already on it's knees) has rocks in their head - imo - but hey, it's a free world!

    Just because you're an insto doesn't mean you're immune from investment mistakes (didn't you get updates on how you're super was going between 2000 and 2003??).

    Instos, like ordinary DIY investors, can change their mind/plan about a stock they're in, and just decide to move on.
    However, when you have nearly 10% of the Co. to sell, and especially if you have a timeframe, it's going to tell on the sp! This is what is known as..... "a market makers sale"..... to coin a phrase!

    Of course the previous largest holder may not be the only insto selling....... a decision to go long, or short, at any point, is purely an individual decision..... based on...... well you decide...... I'm sure you'll pick the exact bottom and top!


 
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