NXT 0.17% $17.22 nextdc limited

NextDC Rated New Buy at Goldman Sachs; PT A$8, page-53

  1. 2,959 Posts.
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    As expected, shorting has come back up 2-3% percent which has depressed the SP. Par for the course. The shorts mus be getting frustrated that NXT won't rollover and fall.Every time they starti buying back, the SP lifts like an angel.
    7 If the SP rises even though shorts rise then I know LT buyers are in operation and the base market value is lifting. It seems to have drifted higher looking at 3 months ago with just under 12.5% shorted and SP just over $6 compared to last week with over 12.5% and SP bouncing around the $6.20 mark.
    I have enough but I am tempted to get more if the SP rises and the shorts rise....
    https://hotcopper.com.au/data/attachments/1483/1483778-900879d521b6d5a0b16c146dba23ea88.jpg

 
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