$JIUTIAN CHEMICAL GROUP LIMITED(C8R.SI)$can everyone hold this stock longer? yesterday(19th) the short position is roughly 40% of the daily volume.today strongly short seller pushing it down again.Tomorrow they have to cover their yesterday(19th) position.so if tomorrow cannot find sellers they have to buy higher to cover unless they short again.which result in bigger position and paying higher cost( interest & other cost).In longer term they cannot hold and have to buy at any price. It is call a short squeeze. Can we gang up & punish this opportunistic group of investors call short sellers?.
SGX Stocks Opportunities
Share SGX companies' analysis and opportunities with Tigers!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments