MCW
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0.85% 58.5¢ macquarie countrywide trust

MCW is only trading around 5m per day over the last 6 days, yet...

  1. asteroider
    17,111 Posts.
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    13/02/09
    15:04
    Post #: 4794079
    MCW is only trading around 5m per day over the last 6 days, yet according to the asx shorts report there are over 4m fresh new shorts.

    I find this surprising due to the lack of large crossings as visible on many other REITS.

    The shorters must be pretty sure bad news is coming or there is a distressed seller that has yet to start dumping, or they are going to have a hard time covering these if people start buying.

    Thoughts?
    MCW Price at posting: 18.5¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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