MNS 0.00% 4.2¢ magnis energy technologies ltd

Excellent [email protected] story is that the price is...

  1. 461 Posts.
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    Excellent analysis@Vogue2016..

    CXO story is that the price is hammered due to shorts about 10% of SOI shorted. See below.

    https://hotcopper.com.au/data/attachments/5108/5108175-ff4e21616306ff9bf774c23eb9ca54ba.jpg
    MNS is not shorted - infacts shorts have been declining only about 2.2m shares in short positions.

    If anyone noted the price activity since the TESLA announcement, it appears that a broker is accumulating under 40c keeping the lid. I am pretty sure that few stop losses got hit, and that was the idea too!

    https://hotcopper.com.au/data/attachments/5108/5108182-11a6c23573cb2716dc6c5c8977053b37.jpg



 
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