Yes, I did noticed that GEM has been a most shorted stock in the ASX and that on 10 Feb 98% (!!!) of GEM trades were short sales with a turnover of 1.6m. These shorts have to be covered one day, and today looks like a short-squeeze as the share price shoot up by 7c. I reckon G8 sp will soon reach $3.70 lever in the coming days. Sorry for all the shorters.
GEM Price at posting:
$3.55 Sentiment: Buy Disclosure: Held
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