Are we getting long red candle like one on HY report date, 23/2/17?
Possible. At least lots traders think so.
short position has been increased dramatically from 6m to 52m since the incident.
Also today's guidance, EBITDA=74m is much less than a big broker estimate, 84m------------>12% Shortage
FY result would not be good when release more details imo
There would be some unusual negative items-------------->report NPAT probably <$0
imo, it is time to sell or add shorts
AAD Price at posting:
$1.99 Sentiment: Sell Disclosure: Held