After months of shorting the hell out of OXR and the newly formed OZ minerals, surely these hedge funds must reach a point where the downside in the stock price is limited and the profits begin to reduce as movements become smaller.
After this point the funds must close shorts and go long. Their profits would be amazing, riding it all the way back to $4.
At what point will this happen, because it will happen.
OZL Price at posting:
0.0¢ Sentiment: None Disclosure: Held