ARI
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0.00% 2.2¢ a.c.n. 004 410 833 limited

This stock is only 7.7% short as of 3 days ago. (Myer and...

  1. Menza
    968 Posts.
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    28/04/15
    08:45
    Post #: 15167857
    This stock is only 7.7% short as of 3 days ago. (Myer and Metcash are around 19% and 17%)

    You'd be mad to short it any further - there would be no way to exit. Unfortunately you can't short all the way to the death!

    Either way, it appears Arrium has found a bottom. Fundamentally and technically it looks like it's on the move.
    Last edited by Menza: 28/04/15
    ARI Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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