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3.89% $80.96 blackmores limited

BKL Bad News Looming???, page-60

  1. michaelhp
    658 Posts.
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    14/06/17
    12:15
    Post #: 25265289
    the best thing about a high number of short sales is that these are usually short term trades, and ALL have to be bought back. Short sellers create the rally when sentiment turns as they scramble to cover.

    I see the high number of shorts as a good indication we are at or near the bottom.
    BKL Price at posting: $86.54 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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