This short seller gains too make a nice amount of money. Between 19 May and 26 May short sold 1.5m shares. Check out the closing prices on each of those days as an example. Even if he bought back at 20 cents where there is a bit of volume they still make significant cash. I think I worked out with average sell of say 45 cents and buy back at 20 cents stands to make approx $375,000 Looks a bit greedy to me but hey good luck to them. Someone else seems to have joined the party with small amount of shares. Total short sales at 30 November 1,520,871. Just saying. Very interesting don't you think. Maybe it's OB friend???? LMAO.
RHY Price at posting:
16.0¢ Sentiment: Sell Disclosure: Not Held
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