Whilst I am quietly confident that Qub will progressively grow over time , what I am not sure about is the amount of shorting that has been going on with this stock Since I have watch the short seller movements information websit ( called Shortman) .
It appears to me that an average of around 40% of the shares traded daily are being sold by the Shorters.
There is over 80m shares shorted as I understand it that will have to rebought back and returned to their owners whom the shares have been borrowed from.
These shorts will need to buy them back at a much lower price than what they sold them at initially to make some money before they return the shares borrowed back the rightfully owners. If and When that occurs I don't know because dontnhave access to that information, however I think it should create further buying opportunities for this stock .
QUB Price at posting:
$2.50 Sentiment: Hold Disclosure: Held
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