FMG 1.10% $19.76 fortescue ltd

Shorts April 17 FMG %5.97Shorts May 17 FMG...

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    Shorts April 17 FMG %5.97
    Shorts May 17 FMG %5.18

    http://www.asic.gov.au/asic/asic.nsf/byheadline/Short+position+reports+table?openDocument

    Next time you post Geezer you may actually want to cheek some common sense facts. Like those found on the ASIC web site that show how wrong you are. You statemet it is "short time in a big way" yet numbers at ASCI show the trend the other way. You really are getting desperate.

    Short traders are getting out of FMG, because it is at its bottom and people are starting to feel a short squeeze every time it bounce back towards $4.00.

    You and loobs must be pooing in your pants by now. Yes sure it may bounce around at the 3.40- 3.60 level for the next couple of months. But there has been a steady reduction of shorter's over the last month, but there is still a lot of shorter's that need to get out and get out soon. There is a debt reduction ann coming soon that will burn shorters and they know it. That is why there is a orderly existing out the door now before it is too late.
 
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