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0.8¢ protean energy limited

I recon it’s just big boys’ crazy show: Pershn bought low and...

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tuboshu1986

505 Posts.

53

02/03/18

09:23

Post #: 31470760
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Originally posted by JLCC ↑

that 20M sold 28th appeared to be short, 6%+ of total capital that is.
given the sub holder notice, i take it it wasn't the same buyer who went short unless he had acquired the 20M beforehand and disposed of it on market?
Regardless of who's short this thing, There must be a valid reason for the short, buying back 20M plus some on this less than liquid thing will be a lot of 'fun' i am sure.
And looks like not just the 20M were shorted per the short sell report.
Have to say this is the first time i have witnessed a penny stock short first hand, anyone care to share what to expect from this will be genuinely very welcome to do so. There's very little troll/cheer leader pump squad action here, hope we all share useful info/knowledge NOT and no hot air wobbly wishful thinking. It's a penny stock, so let us deal with it for what it is..

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I recon it’s just big boys’ crazy show:
Pershn bought low and sold high, then bought back a little at 3.1c

239 bought high from Pershn and shorted three times before 28th, probably shorted another 20m shares on 28th

Warburton suddenly grabed 20m shares from 239 on 28th

Last edited by tuboshu1986: 02/03/18

POW Price at posting: 3.1¢ Sentiment: None Disclosure: Held
2 Upvote

1 Great analysis

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