EML 1.68% 88.0¢ eml payments limited

Alot of stuff i want to write but cant....they have majorly stfd...

  1. 4,676 Posts.
    lightbulb Created with Sketch. 875
    Alot of stuff i want to write but cant....they have majorly stfd up dont be surprised if this stock goes to $20-$50.

    Think game stop folks. this is a legit post

    https://hotcopper.com.au/data/attachments/4114/4114277-3ad62a94f478ae13b83951baf30c1e73.jpg

    22mil short stock outstanding at 17th Feb

    + the following days of shorts on the same stock

    https://hotcopper.com.au/data/attachments/4114/4114287-011145c64e6a2f62f621daccdcd2a31f.jpg

    when we count and add the above shorts there could be possibly 27-29mil outstanding stock, making it almost 8%, an all time high for EML's history.

    EML has only 373,443,744 stock in circulation and is nowhere near enough traded to cover this whopping short position anytime soon.

    this is a bona fide gamestop short squeeze in the making.

    Remember the following facts about EML;
    - they have plenty of cash
    - they are profitable
    - they are run by competent management
    - they are expanding
    - they still managed to turn profits and operate better than expected during covid and CBI investigation
    - the CBI investigation and threat is essentially gone

    The shorts are in a very bad place.

    Like and share this post. Note, it was due to subsequent shorting errors made by funds on the afterpay stock that got it's $150 per stock value. They stuffed up so bad that APT made it to the asx 20.

    if you know how to count and have some experience in stocks you will understand what is happening here and the rare opportunity that presents its self

    LIKE AND SHARE THIS POST.
    Power to the People

 
watchlist Created with Sketch. Add EML (ASX) to my watchlist
(20min delay)
Last
88.0¢
Change
-0.015(1.68%)
Mkt cap ! $330.1M
Open High Low Value Volume
91.5¢ 91.5¢ 86.3¢ $1.235M 1.402M

Buyers (Bids)

No. Vol. Price($)
2 30000 87.5¢
 

Sellers (Offers)

Price($) Vol. No.
88.0¢ 3296 1
View Market Depth
Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
EML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.