CNP 0.00% 4.0¢ cnpr group

to those with an open short position

  1. 127 Posts.
    To those with an open short position... is anyone not going to close that position by Wednesday afternoon? Surely the risk of a trading halt or positive reaction to the announcement on Feb 28 is too great to leave a position open on Thursday.

    It follows that all shorts are going to have to close in the next three ASX sessions... likely to lead to a short covering rally? I am long and in it for the long term based on the fundamentals, but just interested in what the shorters and/or technical traders in the market think will happen in the next 3 days? Am I missing something in that assumption?
 
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