shorts seller are going to have to cover soon. I imagine they will all do it before results next week. There are ~2million shares sold short which is very high historically for this stock.
There will be some big moves in this stock in the next week.
If you sell to them you are effectively selling to the likes of KImbo so he can cover his short (assuming you believe him that he sold short at 26).
I'm tipping we will see a short covering rally early next week.
- Forums
- ASX - By Stock
- Watch out for short cover rally In the next week.
shorts seller are going to have to cover soon. I imagine they...
-
- There are more pages in this discussion • 31 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 MFG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$9.59 |
Change
0.160(1.70%) |
Mkt cap ! $1.720B |
Open | High | Low | Value | Volume |
$9.49 | $9.74 | $9.48 | $7.199M | 749.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 405 | $9.54 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.60 | 6580 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 405 | 9.540 |
3 | 4580 | 9.510 |
1 | 2267 | 9.490 |
1 | 2267 | 9.480 |
1 | 2267 | 9.470 |
Price($) | Vol. | No. |
---|---|---|
9.600 | 6580 | 4 |
9.620 | 7267 | 2 |
9.630 | 2267 | 1 |
9.640 | 2267 | 1 |
9.650 | 27 | 1 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
Featured News
MFG (ASX) Chart |