Thanks and interesting point about the short data. https://www.shortman.com.au/stock?q=Mlx
correlates this exactly, its a very noticeable rise since late Jan and has bore the SP down from the 1.20 peaks. Seems unlikely or too severe a correction in SP value for Nifty operations, the shorting activity relentless since over 3wks now, any failures on operations by public company disclosure compliance MLX would need to have ann by now?
Last few days stock short esp heavy- does the data necessarily mean Added new shorts or can it mean Net shorts can also have reduced??? 4 days data lag not helpful to see NET Aggregated Shorts if Reporting happens Mon. Gut tells 89c valuation is still way too low even factoring hypothetical underperformance at nifty.
Thanks again.
MLX Price at posting:
89.0¢ Sentiment: Buy Disclosure: Held
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