ADN 8.70% 2.1¢ andromeda metals limited

Thanks for understanding my POV and yes, we still have to wait...

  1. 119 Posts.
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    Thanks for understanding my POV and yes, we still have to wait for next week to see the real number of short positions covered.

    I just don't think now would be the time to "get cocky" as you said until a fairly significant number of short positions are confirmed to have been covered. That's why I made the post as I saw others making posts along the lines of opened shorters must be flooding in as we speak to cover - But we won't know for sure until next week. IMO an over-bullish/euphoric sentiment from the past week's price action would lead to dissapointment in the event that data confirms no/less than justifiable covers' in shorts based on recent price action, and even more short-selling to come (Hopefully not).

    It's a tough market to deal with but unfortunately people just have to push through it

    Cheers,


    YK
 
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