SAS 0.00% 1.6¢ sky and space company ltd

Interesting to see that 1 million shorts (17.25% of the day’s...

  1. 31 Posts.
    Interesting to see that 1 million shorts (17.25% of the day’s volume) were opened yesterday on the back of the launch date announcement.

    http://www.shortman.com.au/stock?q=sas

    Judging by some of the less-than-subtle games, I dare say that they are yet to cover their position. It’s not a position I’d be comfortable holding at the moment.

    It’ll be interesting to see if anymore shorts were opened today as well.

    There’s a good chance we may see a bit of a short-squeeze tomorrow, as we head into launch day.

    I’d hate for the shorts to get caught out in a trading halt if it were the case…
 
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