NCM
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0.00% $23.35 newcrest mining limited

short positions wow, page-7

  1. goldmick
    524 Posts.
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    13/05/10
    16:12
    Post #: 6692506
    hi Sydneyguy

    do you believe the hedge funds are heavily shorting NCM on the basis that they feel a capital raising is on the way to fund the LGL deal???

    I can't think of any other reason why the shorts would be so active given the gold price is surging to new record levels....
    NCM Price at posting: $33.39 Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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