Re : shorter positions open 4.5% of stock that's
135 000 000 about 2 weeks trading volume, it's a fact that everyone of them is in the red big time and must be having some pretty bad nightmares.
now I don't dislike shorters as they give fmg it's terrific volume but surely they just got to snap out of it and realize they've made a big mistake and get out, perhaps a few may even think maybe I'll swap my short position for a long to recoup all them losses.
Rio was only up 1% in nyse and they obviously knew spot price was up 5%. Vale was up 2% at one point but closed flat.
im thinking a 10.45 close
Re : shorter positions open 4.5% of stock that's 135 000 000...
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Last
$21.82 |
Change
-0.590(2.63%) |
Mkt cap ! $67.18B | |||
| Open | High | Low | Value | Volume |
| $22.18 | $22.19 | $21.80 | $110.2M | 5.031M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 11208 | $21.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.82 | 8653 | 1 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |