GBG gindalbie metals ltd
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shorters - no future

  1. blao
    1,185 Posts.
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    13/12/12
    13:39
    Post #: 11184426
    I cannot see how shorters can make money at this price.

    Short at 25 cents, you will buy back at 20 cents. Profit is 5 cents. However, the risk is too high.

    If all good news come within 6 weeks, SP will be beyond 40 cents.

    If you want to short, then you have to wait until SP goes beyond 70 cents.
    GBG Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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