CDU 0.00% 23.5¢ cudeco limited

competition

  1. 50 Posts.
    Now if my memory serves me correctly when our SP sky rocketed to $10 it was caused by one person shorting and having to get out.
    It appears we have over 1,000,000 shares shorted this time around and my guess is there are numerous nervous holders.
    The Chinese company that just paid $4.00 for 6 million CDU shares at a 30% premium is what will cause the most angst amongst any "Margin Lent Shorters" this because the 30% will most likely wipe out their buffer and any kick up above $4 will result in a Margin Call and force them to buy at any price to get out.
    So, who would like to start the "nearest the pin" competition?
    Cheers
    Fran
 
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