GUF guildford coal limited

over 25% of shares traded yesterday were short

  1. 1,775 Posts.


    scenario 1

    Yesterday over 25% of shares traded were short sold,
    so it could be the big boys shorting, so they get
    more sellers, triggering stop-loss.

    WTS i would say at a guess, they are shaking the tree
    before the company starts mining later this month,to
    accumulate as many shares as possible.

    Scenario 2.

    With UBS the investment banker, selling down last month
    they could be selling also, on the 25/9/12 they lodged
    a change in their substantial notice to the ASX, they
    reduced there holdigs from 8.07% to 7.07%, which
    equated to 1,1636,507 shares.

    After UBS announced yesterday they were terminating
    10,000 jobs world wide in the Investment Banking
    they could be still selling, it is only a guess, it
    seems they could be in a bit of trouble financially
    after watching The Business last night on the ABC.

    I have grabbed a few more this morning, and I hope they
    go down a bit more, to grab some more.

    And I hope these shorters get caught with their pants
    down.

    Cheers.
    Simmo.
 
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