ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

Know what I am doing!!! I wish! Just trying to make some cash...

  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???

 
watchlist Created with Sketch. Add ARI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.