Hi flight11- some one recently mentioned that those shorting may...

Hi flight11- some one recently mentioned that those shorting may be carrying their 'go nads' around in a wheelbarrow ??

Me thinks at this point in time a 'front end loader' may be more appropriate.

I was once a Designated Trader for a Broker and with one slip - took a duplicate order-a small quantity- to sell . ( one had been on market for a month- I did not research enough -a deadly sin -silly me) .The stock showed a little interest and both sold about 5 minutes before market closing... I tried to cover even after hours and of course word got around and it cost me $5k+ -out of my own pocket... Had to report a short sale to the ASX etc etc ... a scary situation...A real 'underwear changing' situation----That stock was a super minnow compared to AVR.... but an example of what can happen if one 'short sold'. Mine was an error - seems current shorts are deliberate.
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Also there was expected announcement on the stock I was involved in.

They are not playing with fire - they are playing 'Russian Roulette' with 2 bullets in the chamber. My opinion of course - Wonder who, if anyone is advising them . Also wonder who allowed the shorting. Not all Brokers will go with shorting.

From my research and understanding WBT could call a Trading Halt at any time - bingo........ Oh well hope they have deep pockets.... and also wonder what they set their -falling market- 'buy in' price at . ? When one looks at the monthly high/low price there is little room for profit v risk ?

An example - you short say 100,000 at $1.80 =$180,000. Trading Halt --- and super news --- stock opens at $ 3.00 = a possible loss of $120,000
-- that is if you can get the stock to cover your short position........There is no limit as to what you can loose

All IMHO -

I smell burning rubber.

Keep safe





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