WLD 2.63% 3.7¢ wellard limited

Why accept lower margins, page-18

  1. 1,806 Posts.
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    shorters and panic selling, it's another downgrade, shorts jump on any signs of a downgrade and make 10-30% in a day when people see the drop. It was over the top sell off at $1 I believe. I'll hold now the shares I have at 55 cents. I'll average down if it gets to the 20s. We'll see what the insto's wanna do with it. I suspect that it's the insto's wanting to get into this for cheap then holding it and pumping up the price of it. Or ruining Mazzo's family personal investment.
 
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