FYI ... IMO the short levels on BKL are drastically closing out... this one of the main reasons the SP surges are quickly dampened.
As of Wed 13th there are is a rough aggregated amount of shorts of 586K
http://www.shortman.com.au/stock?q=bkl
Since Wed there has been the below short sales (in my opinion closed out)
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 0 Mon 18th Apr, 2016 119,761 17,225,156 0.69% 174,595 68.59% 1 Fri 15th Apr, 2016 100,399 17,225,156 0.58% 126,544 79.34% 2 Thu 14th Apr, 2016 73,701 17,225,156 0.42% 123,502 59.68% 3 Wed 13th Apr, 2016 64,486 17,225,156 0.37% 131,763 48.94%
This would leave a much reduced aggregate amount of 240K which is neglible as less than 2%
If the above is correct ,(and we wont find out until this day next week) this would be extremely promising news... it would seem that the short positions are seeing a bottom and closing out quickly.
On the other hand, the increasing short positions of BAL (which i bought on Monday) is a bit of a worry for me
any thoughts?
- Forums
- ASX - By Stock
- BKL
- stick $165.00 in the bank
stick $165.00 in the bank, page-109
-
- There are more pages in this discussion • 182 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)