How odd... the share price is moving up and the shorts have now increased to 20 mil shares. Most of the stock on offer are short shares rather than holders taking profits or selling out. That's just crazy and methinks a lot of people are going to be in big trouble... I wonder if it's one of the many short equity funds that have popped up recently doing the shorting? In which case they're obliged to short as money pours into the fund, but when investors realise how poorly the fund is performing, they are likely to want to take their money out... that's when the real scramble to buy shares will happen :D
GRY Price at posting:
94.0¢ Sentiment: Buy Disclosure: Held