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PEN 30.0¢

Uncovered shorts out there?

  1. Zubana

    1,246 Posts.
    Immediately post Fukushima, many, myself included, speculated that there was little PALA could do at the time but to sit tight.
    Lemons could be turned into Lemonade by lending the stock out and the UBS agreement was entered into.
    Given the slide over the next 12 months from 14c down to 3c who could imagine an opportunistic entity would not short sell 100's of millions of shares?

    Have those shares all been bought back yet.......?

    Are we priming for a spectacular short covering rally when (if) the protagonists see the game is up and the SP will head strongly North.

    Perhaps that time is now approaching......dare we say it could even be "imminent"?

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