Post by
Intregueme on Aug 23, 2024 1:13pm
Shorting stock?
What is holding the stock down? Does anyone know if there are a lot of shorts on WGX?
Comment by
Odinson on Aug 23, 2024 3:20pm
I think that anyone playing the short game on this stock would be playing with fire. It could make a run soon, very soon!
Comment by
Rainman01 on Aug 26, 2024 10:17am
There is some shorts but they are in check so far. We don't see the bigger swings in share price like before. The price follows the Australian market price for Westgold. We need to get some financial reports for the price to move up. After more drill results and a few good financial reports we will be good to go up in share price.
Comment by
Odinson on Aug 26, 2024 3:22pm
I would thoroughly enjoy seeing some if not all shorters get burned! It would do wonders for my old, kind Heart!!! They try to burn us, so turn about is fair play.
Comment by
prem124 on Aug 26, 2024 3:56pm
2 out of 3 of my UK brokers only gave me Culico shares but I still don't have Westgold resources shares. There is a chance they sold it by mistake. I guess that would be shorting as I would want my shares back.
Comment by
Rainman01 on Aug 26, 2024 4:13pm
We have all received our shares the Thursday of the first week of trading. You should get in touch with your broker and find out right away. There are other traders with KRR in Europe that have received their shares already so this sounds isolated so far.
Comment by
prem124 on Aug 26, 2024 5:09pm
I got in touch with them last week.
Comment by
daw2 on Aug 27, 2024 7:56am
prem, my UK broker (Interactive Investors) incorrectly converted my KRR shares to WGX Aussie exchange, they rectified to TSE when I brought it up with them.
Comment by
prem124 on Aug 27, 2024 3:10pm
That must be why interactive investor changed my shares from ASX to TSX. :) and this is the best of my brokers.