https://hotcopper.com.au/posts/75235789/single
@Giobria
Since late July to mid August, there is a almost 100% direct correlation between the retail shorts and the SP.
At its peak total shorts amounted 1.25% of OS shares i.e. about 55 mio shares.
I know a handful of people here has about 10+ to 20 mio shares each already. But these are clearly LTH who will not sell.
How do these mfkers cover their shorts, I can only guess by through smaller retail holders / weak hands.
If it was coordinated, it only takes a handful of deeper pocket to pull this off. Yes, it could be a small group of people who is sabotaging our Rocket engine. At least in the past month.
I do not want to be a conspiracist. But with certain characters that keep showing up and mouthing off, some for years, some playing both sides. I dont totally rule out sinister coordinated moves behind.
They escape the burn. Yes for now. I like to see these bloodsucking mfkers to bet against the prospect of 300 working hadrians - thats for a start, in the US only. Go on, short it.
I can understand the Pivacs motvies to list us as pinksheets in the US. The faster we transit away from our current investor base, the better.
I will allow myself some optimism to say that as FBR approaches towards the first real market commercialisation, real binding contracts, forecastable revenue / profits, these shorters either have to stop, switch sides or really risk getting burn.
That day isnt too far away.
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