cudeco shorting activity, page-182

Sholtzy - I have answered you if you dont like the answer then thats up to you - max has just said the daily shorts sales over the last 3 months are 20% yet the cumulative outstanding shorts for the last last 12 months has ranged from 2% to 4% of total shares on issue % of daily turnover is a nothing figure and the T/3 adjustments and churn are not flowing through to the cumulative total.

Anyway its a non issue the share price clearly tanked because M & G dumped 34m shares - supply outweighed demand - the tide has turned since they sold their remaining 13m at $1.56 on the 21st of August - 4 weeks later we are at $2.30 - if % of daily turnover shorting was a critical number the price should have gone down not up 50% in 4 weeks.

Occams Razor - simplest explanations are best -


hOOt