Excuse me if I am wrong (and please correct me) however I thought shorters borrowed shares off a holder/holders then sold them at market to force the SP down and at what they predict/think is the bottom buy the shares back and wait patiently for the SP to rise.
If the above is correct then IMO that's exactly what should /will happen once the drill starts turning and we get results, the shorters should easily make their money and return the shares to their rightful owners.
I for one have benefited from this as I have bought back in over the last 4-6weeks and fully expect that there will be additional opportunities once news is released Dec - Jan - Feb and will definitely consider taking advantage if the shorters continue to work their black magic, will also say that I don't agree with how they operate (hate is a strong word but probably is a more suitable description) however if we can't beat them then use the b**stards and profit by them!!!!
HKP
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Last
50.5¢ |
Change
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Mkt cap ! $46.66M |
Open | High | Low | Value | Volume |
50.5¢ | 50.5¢ | 50.5¢ | $14.48K | 28.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5356 | 50.5¢ |
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Price($) | Vol. | No. |
---|---|---|
51.0¢ | 59999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5356 | 0.505 |
2 | 30878 | 0.500 |
1 | 30000 | 0.495 |
2 | 28930 | 0.480 |
2 | 70000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 59999 | 2 |
0.525 | 69690 | 1 |
0.530 | 30000 | 1 |
0.535 | 30000 | 1 |
0.540 | 52471 | 2 |
Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
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