ARI arika resources limited

good result considering, page-18

  1. 6,609 Posts.
    Know what I am doing!!! I wish! Just trying to make some cash which has had its moments lately. I was away for Jan and missed a lot of the run.

    I like to watch the shorting stats (although their accuracy is questionable). Here is a run down since 2 Jan:

    2/01/2013 5,121,602
    3/01/2013 4,879,800
    4/01/2013 5,278,490
    7/01/2013 5,652,569
    8/01/2013 19,886,710
    9/01/2013 18,946,991
    10/01/2013 18,588,565
    11/01/2013 19,110,963
    14/01/2013 17,374,930
    15/01/2013 16,676,608
    16/01/2013 17,171,279
    17/01/2013 10,493,304
    18/01/2013 4,892,068
    21/01/2013 5,773,349
    22/01/2013 10,116,841
    23/01/2013 10,124,053
    24/01/2013 12,238,199
    25/01/2013 12,237,633
    29/01/2013 14,854,790
    30/01/2013 7,681,135
    31/01/2013 7,711,265
    1/02/2013 8,460,964
    4/02/2013 8,896,339
    5/02/2013 7,815,379
    6/02/2013 9,235,681
    7/02/2013 9,382,083
    8/02/2013 8,460,964
    11/02/2013 9,357,068
    12/02/2013 5,232,553
    13/02/2013 10,447,995
    14/02/2013 6,303,128
    15/02/2013 7,902,083

    Those that went short in Jan really got burned. They would account for 70% of the recent price spike IMHO. I do not believe the 10 million figure on 13/02. I see errors all the time (I know they are errors because they do not match the daily short data) but I believe that the short stats from the last three days will show a marked increase.... we will see.

    ARI is a great trader's stock but if it goes against you it can really really hurt. Trust me, that lesson I learned the hard way. I think it will retest recent highs and then drift lower (or generally follow world markets). However, if we have a tough few days in the US then this will close the gap at 1.005 IMHO.

    AGO got smashed today. If you made me choose between ARI and AGO I would hold AGO. Little debt, huge port access closer to customers.... so why did ARI not get smashed today???

 
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(20min delay)
Last
3.6¢
Change
0.001(2.86%)
Mkt cap ! $28.18M
Open High Low Value Volume
3.6¢ 3.7¢ 3.6¢ $68.69K 1.906M

Buyers (Bids)

No. Vol. Price($)
3 565761 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 529683 2
View Market Depth
Last trade - 15.36pm 01/07/2025 (20 minute delay) ?
ARI (ASX) Chart
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