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Champee

8,395 Posts.

451

21/07/16

19:07

Post #: 18330840
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Originally posted by accaeric ↑

It was probably not UBS in its own capacity, I guess that was one broker/insto sold to another broker/insto (One block sale 2.5m @48c on 18 July 2016) via UBS Securities. So UBS was more likely just acting as a stockbroker in this case. IMO. It could be Bank Of America sold their holdings to other broker/insto.

Net short positions was sitting at almost two-month low last Friday.
I expect further closure on shorts this Monday as sell-off is much smaller now.

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That is nice to know, so back up we go then, but maybe slowly slowly till the next report released.

Champee.

1PG Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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