Can you please explain this to me, because it makes financial sense.
You believe someone has bought 400k FGR shares, with the aim to sell them next week to push the SP lower,
for every cent the SP drops, they will be losing $4k from their original $100k investment,
For this to be a viable option, the shorter would have to have a significant short already in place. Looking at shortman, FGR has 0.02% of its shares currently being shorted, 459mil shares on issue x 0.02% short = 91k shares being shorted.
There isn't enough shares being shorted for this to be a viable option.
FGR Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
