MJP
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0.00% 0.8¢ martin aircraft company limited

just looking at the trading patterns it looks like its been...

  1. Schumacher
    3,400 Posts.
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    16/03/15
    13:10
    Post #: 14920386
    just looking at the trading patterns it looks like its been heavily shorted by traders who use derivatives and they made money going up to $3.00 and made money shorting it down- now when the share price bounces heavily back over $1.00 these traders will have to buy up fast to protect their profit from shorting the stock - with carefully as this could easily run back over $1.00

    one way or another they will have to cover their positions -
    Last edited by Schumacher: 16/03/15
    MJP Price at posting: 77.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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