RIV 0.00% $16.20 riversdale mining limited

some coco nut fund just shorted 1m riv..

  1. 5,609 Posts.
    According to the ASX downramp web site, some fund has shorted 1m riv in the last week. Like to see riv do another monster deal or get bid. I have no time for these people regardless of the modern myths associated with short selling being fine etc. They banned it for good reason and it should remain banned unless your a top 50 company by market cap and volume. the ASX put itself on the banned shorting list knowing they would tank. All right for some. Good thing the company is in sound shape. This explains the share price manipulation. The selling seems over done at these levels imo. Its now an even stronger buy knowing these idiots are short.dyor.
 
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