Hi AGO investors, as many of you know short-sellers are active...

  1. 350 Posts.
    Hi AGO investors, as many of you know short-sellers are active in virtually all stocks and AGO is no exception.
    I have followed the closing short position of AGO since ASX disclosure rules came into effect.
    I have watched AGO shares go up 5c in the morning only to see them 5c within a few hours and this has happened repeatedly over a period of months.
    Well,folks have a look at Trading Room "Course of Sales" between 4.30pm and 5.30pm (after the single price auction)-
    Sold 259,880 shares at $1.70 and bought 259,880 at $2.00 all at special crossed sales....loss of nearly $78,000 !!!!
    That person was stuck with that short position as at the close of trading on Fri 5th June and then the Trading halt and suspension followed.
    Our 'shorter' has been BURNED.Good riddens.Don't come back.
    I hate short-sellers...how about you ??
 
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