To the CIOs out there:
The short interest in NCK is ~3.6 million shares.
The average daily turnover in NCK is ~153,000 share.
At 30% volume, the bears can cover 45,900 shares per day.
It will take you 78 trading days or almost 4 months to cover.
You can easily argue that the pessimism is well and truly in the NCK share price, and that second-order thinking would suggest a different investing position.
If you have an analyst that is a bear and ignores liquidity or "gap" risk upwards, you need to fire them now before they blow up your portfolio and/or firm.
What Buffett pays for furniture businesses, page-30
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NCK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.21 |
Change
0.710(5.26%) |
Mkt cap ! $1.211B | |||
| Open | High | Low | Value | Volume |
| $13.59 | $14.30 | $13.56 | $4.080M | 290.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 657 | $14.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.23 | 977 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NCK (ASX) Chart |