oz...boy mentions the 38MM shorts, and "a long way to go," without context.
The shorts peaked at +62MM on 4 November at 62,657,712, and have been on a solid downtrend since. I like trends that favour my investments.
http://www.shortman.com.au/stock?q=gor
With this magnitude of very orderly short covering the risk of a short squeeze diminishes daily, but still remains.
The question I've put to myself is: Primarily investors are out to make profit, but not exclusively. Could a significant amount of shorts be there to accumulate a strategic position in GOR to facilitate a ???
Succinctly, I'm speculating the gross part of the shorts is NOT to drive GOR into the dirt.
OV
oz...boy mentions the 38MM shorts, and "a long way to go,"...
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Last
$1.63 |
Change
-0.020(1.22%) |
Mkt cap ! $1.760B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.66 | $1.62 | $12.42M | 7.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 110239 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 83296 | 5 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| GOR (ASX) Chart |