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Short Selling Now Going On, page-2

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Gold Bug

137 Posts.

23

28/02/19

12:24

Post #: 37601876
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Originally posted by Gold Bug: ↑

A very good half yearly result announced today for AMA with well know broker putting a price target on these shares of $1.40 while these shares are trading at 92.5 cents. Yes, that's a potential upside difference of 45.5 cents or 50% upside on a stock with huge grown potential in the next 12 months.

So all of the short sellers arrived this morning trying to get AMA shares on the cheap.

The last time I looked on Commsec this morning there had been 240 separate trades done for a total of 176,423 or an average of 735 shares sold.with the short sellers doing their absolute best to drive the price down so that they can get set at these prices and enjoy the ride up, IMO. Don't get sucked in and DYOR.

Do you really believe that on 240 separate occasions today somebody offered up 735 shares for sale???????

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Highlights from today's half year results which can bee found on ASX website Announcements -

Total RevenueUP 32.4% to $302.5M
NPAT UP 29.8%
Outlook On track to achieve $1 billion revenue FY 2021

AMA Price at posting: 92.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.6¢		Change 0.000(0.00%)		Mkt cap ! $286.9M

Open	High	Low	Value	Volume
6.4¢	6.7¢	6.4¢	$89.63K	1.363M

Buyers (Bids)

No.	Vol.	Price($)
1	78125	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.6¢	454517	3

View Market Depth

No.	Vol.	Price($)
4	59761	1.050
3	2596	1.045
3	3726	1.040
2	2898	1.035
1	50000	1.030

Price($)	Vol.	No.
1.055	77023	3
1.060	53603	4
1.065	51503	3
1.070	2503	1
1.080	1158	1

Last trade - 15.59pm 25/11/2024 (20 minute delay)

AMA (ASX) Chart

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