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Potential Short Squeeze Coming, page-36

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kickit2me

13,622 Posts.

4845

09/06/17

19:22

Post #: 25205265
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Originally posted by Waldo777 ↑

I am pretty sure I responded to this post saying that I wasn't yet 100% sure — but now that post has disappeared?! Very weird.

Anyway, I am now 100% sure that Morgan Stanley are the broker either directly shorting or lending their shares to someone selling them using their brokerage services for the majority, if not all, of the shorting activity over the past two months. The broker data (ASX only) and shorting data (both ASX and CXA) now give a conclusive outcome when before it was likely but not certain.

So considering that the short for over 2.5 million shares at an average of ~6.7-6.9c was still in place earlier this week (not covered at all over the past few weeks) I think someone out there is pretty determined to see NUH fall. Either that or this is just one big conspiracy to keep the share price down for accumulation or some kind of takeover? Very strange indeed and I have never seen this kind of shorting activity on a spec stock like NUH with a tiny market cap, plenty of cash and no obvious imminent FA weakness.

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Thanks Waldo. Appreciate your work on this aspect.

NUH Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
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