NCK 0.00% $14.82 nick scali limited

What Buffett pays for furniture businesses, page-32

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    Maybe you're right...maybe you're wrong.

    https://hotcopper.com.au/data/attachments/5221/5221667-b8040ecb095ce286664a4d4d4a47d79f.jpg
    Net 2 million shares shorted AFTER earnings on 6 February 2023.

    https://hotcopper.com.au/data/attachments/5221/5221678-3a718445add23404c1fd9f28343d4043.jpg

    Share price declined from $12 to $9.

    Total volume post earnings on 6 February is <10 million shares.

    https://hotcopper.com.au/data/attachments/5221/5221684-2fedb9e80ac17e3877b2f1be18764fbf.jpg


    So 20% of the volume were net shorts. On a gross basis, perhaps even higher.


    Maybe you are wrong.

    Last edited by 2sigma: 24/04/23
 
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