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33.0¢ mma offshore limited

Shorts down to 5% now. Will be interesting to see the aggregate...

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ckchristian

1,759 Posts.

204

15/06/16

14:15

Post #: 18037441
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Originally posted by Austinhealeysprite ↑

IMO Pretty good chance of going lower than last time this time.

Re shorters I believe we may see their positions grow, I'm not a shorter but I can still see room for this one to fall, so would not be surprised if short positions build up from here.

The selling patterns we saw in Nov 15 were different, in Nov 15 that was shorter also trading and short covering. Recent trading just seems to be holders selling.

A short push down could still come in the future IMO.

I have changed sentiment from none to sell.

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Shorts down to 5% now. Will be interesting to see the aggregate shorts in a few days...

MRM Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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