http://www.asx.com.au/data/shortsell.txt
25% of yesterdays volume was sold short, this stock has been prone to it before and the squeeze that occurred after the last time is currently being reversed, The whole CSG sector has been a target of the hedge funds in the past and it appears the trade is back on.
In my view STO don't buy 20% of a company for fun, SP weakness in ESG represents an opportunity ahead of the imminent reserves upgrade that triggers a sound base for STO directors to pitch a takeover from.
- Forums
- ASX - By Stock
- ESG
- sometimes i don't get the market
sometimes i don't get the market, page-5
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ESG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online