I see the shorts as another reason why this stock will blast up when the time is right.
The professionals new when Ziggy bought shares at $2.08 on market 3 august there was no news coming for a while as he would otherwise not been able to buy under asx listing rules.
Would he have spent 600k on market if Australia's leading nuclear physicist thought there was a problem. Doubt it. Would he have paid $2.08 for 300k shares if he thought it was too expensive?
Unfortunately this gave the shorters the window they wanted and attack they did.
But they will add fuel when they finally cover and in fact will go long once the time comes.
Hopefully better times not far off
Good luck to all
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1 | 500 | 8.040 |
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1 | 100 | 8.020 |
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Price($) | Vol. | No. |
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