GREY:MPRXF - Post by User
Comment by
hrattleon Feb 07, 2012 12:47am
240 Views
Post# 19498252
RE: RE: RE: RE: RE: Very confused
RE: RE: RE: RE: RE: Very confused Interesting the short players are slowly getting some pressure.
Four weeks of short covering accompanied by quick reversals whenever the shareprice weakens is certainly a good sign. Couple this with still 3.4m short and this could be a buy on weakness (would have been smart to have spotted this on Friday!). Maybe as the news that Headway is off the radar till June circulates this will bring an opportunity. There does seem to be a ceiling around 65 cents but we did hit 70 cents briefly in Jan.