Dear longs,
I started this comment thread 6 January with this:
https://hotcopper.com.au/posts/21711092/single
MYR is still the most shorted stock on the ASX, If anything, the shorts have increased, now 17.56%
I think my argument stands. I cannot see that proportion of shorts closing out and riding the profit report as bohannon suggests. There simply isn't enough stock available on the market to absorb their buying. Look at the action in the last few days when the ASX bounced around like a rubber ball - lots of short holders sold into that, with minimal impact.
I forecast a massive short-squeeze on even a moderate profit report. People will be running around calling whooocooodanode!
Hold on to something solid, the ride is about to get bumpy - or you can all have a giggle at my expense.
GLTAH
Ash
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Dear longs, I started this comment thread 6 January with this:...
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Last
61.5¢ |
Change
0.010(1.65%) |
Mkt cap ! $1.058B |
Open | High | Low | Value | Volume |
60.0¢ | 62.0¢ | 59.8¢ | $1.511M | 2.486M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
52 | 263157 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.5¢ | 68645 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
47 | 246542 | 0.610 |
21 | 256053 | 0.605 |
33 | 520083 | 0.600 |
15 | 164869 | 0.595 |
27 | 301719 | 0.590 |
Price($) | Vol. | No. |
---|---|---|
0.615 | 84412 | 23 |
0.620 | 385770 | 36 |
0.625 | 334479 | 17 |
0.630 | 329258 | 14 |
0.635 | 174538 | 7 |
Last trade - 12.54pm 27/06/2025 (20 minute delay) ? |
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MYR (ASX) Chart |
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