Really not much more to short in MYR unless people are thinking it is going to go sub 50 cents relegating it to a traders pump n dump stock but with so many shorts at some stage any small amount of good news could see a short covering rally.
It is a real shame how the management have destroyed the Myer brand over the last few years by not understanding retailing in the 21st century. I am not sure if this new CEO will be any better as it is likely to be more of the same. They really needed to appoint someone from outside Myer to get things back on track.....
MYR Price at posting:
$1.35 Sentiment: None Disclosure: Held
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