ACX 0.00% $7.79 aconex limited

ACX has had a fair bit of short activity over the past 2-3...

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    ACX has had a fair bit of short activity over the past 2-3 weeks....

    In total there have been 223,009 ACX shares shorted since the 17th August.

    Here's the interesting thing, we have had the worst conditions in the market since probably the GFC and there has been minimal selling volume under $3.80 which was the book build price and with the SP currently holding that level firmly I don't know how much more down side there is left in ACX.....

    My gut feel is that if there is any dip convincingly below $3.80 it will be short lived because I reckon some of these shorters would be getting quite nervous with the strength ACX is showing.....

    ACX is a rather strong and stable stock to be shorting with lower volatility than even the banks but with the growth of a CSL.....

    I would be careful about shorting any ACX to be honest..... could be quite a squeeze if ACX continues to find solid support around these levels....

    Column 1 Column 2 Column 3 Column 4
    1 Wed 2nd September, 2015 18,394 164,746,729 0.01%
    2 Tue 1st September, 2015 10,193 164,746,729 0.00%
    3 Mon 31st August, 2015 11,355 164,746,729 0.00%
    4 Fri 28th August, 2015 699 164,746,729 0.00%
    5 Thu 27th August, 2015 596 164,746,729 0.00%
    6 Wed 26th August, 2015 10,005 164,746,729 0.00%
    7 Tue 25th August, 2015 23,326 164,746,729 0.01%
    8 Mon 24th August, 2015 47,191 164,746,729 0.02%
    9 Fri 21st August, 2015 9,348 164,746,729 0.00%
    10 Thu 20th August, 2015 7,119 164,746,729 0.00%
    11 Wed 19th August, 2015 15,923 164,746,729 0.01%
    12 Tue 18th August, 2015 35,907 164,746,729 0.02%
    13 Mon 17th August, 2015 32,953 164,746,729 0.02%
    Last edited by prowiz: 04/09/15
 
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