AGI 4.55% 92.0¢ ainsworth game technology limited

News: AGI Ainsworth Game Technology expects H12017 pre-tax profit to be approximately $15 mln, page-45

  1. 1,307 Posts.
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    Definitely need a very positive outlook at the AGM for a short squeeze. Need some positive announcements also.

    They need to drop the rhetoric and give the market some hard facts.

    Shorts are increasing at a rate I've never seen since 1995. 50% + of traded volume per day is short. Shorts almost 8 mill now.

    Any hint of softening in H2 or failure to deliver on the rhetoric they spun in the trading update and this will be punished hard. That of course won't happen until H1 results come out. As much as I dislike to say this I have to be realistic. You don't get this level of shorting without reason and I can't see any substantial appreciation in the SP until they provide something concrete.
 
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