SYR 2.17% 22.5¢ syrah resources limited

What shorters often do is to dump a large amount of share around...

  1. 1,742 Posts.
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    What shorters often do is to dump a large amount of share around support level to cause stop loss triggers which in turn causing a domino affect.
    Unfortunately so many people have very tight stop losses nowadays.
    It is so dangerous to catch a falling knife. I though the knife already hit the floor around $1.035
    I am waiting for Macquarie, Credit Suisse, City Bank to take their positions from $1 to make shorters to recover.
    Share Price is in the sold territory for the last 10 days, maximum I've seen is up to 14 days for SYR.
 
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22.5¢ 170524 2
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