just imagine what goes through a shorters mind today
CAMI representatives going to jail
IGF reports
ICC updates
Clearly so much evidence pointing towards a successful AVZ
A losing trade is fine, but paying interest for 7 months? That's got to hurt every day there is absolutely no evidence in their favour.
So when we list - will they hold for 7 months and 1 more day? Personally, If i was an insto in at 94c, I will be ready with an exit buy order for anything less than 94c, which in turn will hit various upside stop losses. Retail investors wont be able to submit a buy order this high up (against ASX rules), creating even more buy pressure through out the entire 78c to 94c channel smashing through stop losses (i.e. buy orders)....
Massive momentum will ensue until that very last shorter who failed to put stop losses in will end up holding an infinitely liable short-position (Share prices have no upper limit)...
Who is the bravest shorter here? Or is it dumbest ?
Running discussion on SP, page-74672
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