https://www.shortman.com.au/stock?q=a2m
Interesting dynamics - shorters covered on ASM day and then, increased shorts again day after!
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https://www.shortman.com.au/stock?q=a2m
Interesting dynamics - shorters covered on ASM day and then, increased shorts again day after!
Shortman doesn't really show the full picture. For one it doesn't show how many have covered and re shorted within that day. Although they may have had an early burn re-entry on the days high will see them right once they force it down again. I've always believed it easier to drive a share down than up.
Yep. We all knew it was coming and the reasons for the sales were satisfactorily explained at the AGM. Looks like the market is moving on from the news with nary an afterthought, thankfully. The SP has been teasing me just under my break-even since the AGM - onwards and upwards into the green! :D
Yes great to see the SP back up where it was before the announcement. Very Bullish trend reversal.
ATM still approx 53% of my portfolio, and today thanks to gains in SKO and ATM my portfolio is back above the $ overall level it was at prior to CEO Jane's sales announcement and my small sale on Tuesday.
Nice to see the shorts sweating. Onwards and upwards from here.
(Great that Beagle's dire predictions of $9.50 and $11.50 a mere month or so ago are now a distant memory.)
Beagle is probably right. It is possibly be in the $8? to $10? region, but that won't stop the sp going up from $12 to $22? or where ever, and then get shorted down again:eek2:.