SYR 2.74% 35.5¢ syrah resources limited

General Discussion, page-1378

  1. 2,221 Posts.
    lightbulb Created with Sketch. 307
    Shorts closing out positions is generally bullish. It means they have either been told to close their positions by the broker (very good sign) or have voluntarily bought back the loaned shares (still a good sign).

    Generally it means the shorter now sees more upside to the SP and would therefore lose money by continuing to short.

    Not financial advice.

    DYOR IMO
 
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