The shorts might try and play games,(already have) but just how...

The shorts might try and play games,(already have) but just how much is built in here? I reckon the shorts will cover very soon. Cant pick the bottom, but I've started to buy down here for a kick off.
I just received a broker note with a $3.90 price target after management visited the broking house.

Some take home notes-

Shaws classify WSA as the cheapest miner in their universe. They picked this pattern with S32, WHC, FMG for the same reasons. Shorts were rushing for cover in due course.

WSA is the Cheapest miner on P/NPV in Australia right now.
WSA is now the 2nd highest shorted stock in the mining sector yet its right at the top of the cheapest producers. Remember how the shorts played out in FMG, WHC, RIO? Stocks exploded when they covered and WSA will be no different imo.
The 12 month range was $1.91 (close now) up to $3.39. The chart actually suggests this is near a 10 year low.
WSA also has the embedded infrastructure and the exploration and reserve upside. Cracking punt while the market is off playing.
A real short term key will be the shorts deciding to cover and a steady nickel price.

dyor