I just checked the total short stock position and there are only 2.5% of the total shares on issue. And observing over the last 2 months its been stable not varying all that much so the real sellers were more likely to be the index funds and that has finished.
So there is no big short position created on TEN which is anything to worry about. Remember 42% og the company is untradeable.
I reckon it's good buying ....goldmans has a $2.25 target and BUY on the research
TEN Price at posting:
$1.12 Sentiment: LT Buy Disclosure: Held
