Its funny you say that! I literally chose SYR because it was one of the most shorted stocks.
I believe it was oversold when it was pushed down in to the 40s and 50s.
I am betting against the market/shorts by investing because I believe there was too much fear in the market and they had got it wrong.
The company is improving its position and shorts will need to close there positions which will cause a squeeze in the price and I cant wait!
Everyone has there own opinion and reasons to invest.
But currently I'm happy and sitting on a 40% profit which could easily be 100% in the near future.
General Discussion, page-870
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Last
25.5¢ |
Change
-0.010(3.77%) |
Mkt cap ! $263.8M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 25.3¢ | $724.5K | 2.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 120089 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 146204 | 5 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |