1MC 20.0% 0.3¢ morella corporation limited

Hi Mate, Firstly, I hd a look for u guys and JRO haven't sold...

  1. 361 Posts.
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    Hi Mate,
    Firstly, I hd a look for u guys and JRO haven't sold anything since the 28th of may! so the selling now is holders. Shorts are a small portion, but like me we are also covering some shorts down here, so that helps support price sometimes. But MAJORITY of selling are longs.
    I wont say my lenders as a trader I wouldn't give that information away.
    Currently 27m odd shares short only 1.27% of the company.
    And as stated before JRO haven't sold anything since the 28th May........ Food for thought.
    There literally isnt enough borrow for shares out there for anyone to make any significant dent in the price from shorting it aggressively! Its just not how it works.https://hotcopper.com.au/data/attachments/1603/1603442-793b248ffcf95aac6ad2a51bfa9a67bf.jpg


 
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