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2.70% 3.8¢ arika resources limited

short sales very high , page-6

  1. Shonan Trader
    372 Posts.
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    25/07/12
    14:06
    Post #: 10479333

    An ideal scenario (for a short-term trader) would be for global markets to tank all the way into mid-August (it looks probable), Shorters to drag ARI down and then for things to turn around just before a positive ARI Final-Year Results are released.

    With a Short Covering rally, you could easily make +30% going Long then.

    Just my humble opinion though,

    Shonan Trader
    ARI Price at posting: 77.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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3.8¢ 		Change
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