PLS 3.37% $2.76 pilbara minerals limited

I may be misunderstanding here, but if they hold 30 mil short...

  1. 3,294 Posts.
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    I may be misunderstanding here, but if they hold 30 mil short through a number of providers, then how could they use that to short further? IMO they have an obligation to fill those existing shorts and it must be costing quite a lot to hold that position.

    We now seem to be in the eye of the cyclone. Few buying, few selling. Some selling to themselves. Low daily turn over, very stable held price for some weeks. they dont need to take it down to 50 cents or under again it seems. My 50.5 positions cant get filled. Maybe they dont like selling into genuine sales? the down rampers are deathly quite with Mustpow and HC collecting the cheques. They did escape the threads about the same time. Co-incidence?
    Its deathly quiet and in recent times a desperate time to be shorting unless you know whats to eventuate and are building the position for ?
    We had a strong base in the low 60's recently and they achieved what i couldn't have imagined from there.
    Just make a positive out of the negative if you can. Be strong!
    Last edited by kcheers: 01/09/16
 
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