MYX mayne pharma group limited

If it drifts down to low 60's that will make me reconsider my...

  1. 180 Posts.
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    If it drifts down to low 60's that will make me reconsider my position and to perhaps increase my holdings with a plan to hold tight for the eventual likely upswing. The more of MYX that is bought and held tightly by investors the more trouble the shorts will eventually be in on a day of reckoning at some point in the future, including if a bid for its assests comes out of left field. The shorts (all 115 million of them) must cover unless the company fails. When I think about it shorts attack a company in a well organised fashion and instill fear into the market, therefore the exact reverse is also possible if they get overly greedy and attempt to squeeze every last dollar out of a trade. If the longs hold hard then the shorts have to pay all 115 million of them. So I hope that if something big goes down that the market doesn't expect, that the shorts aren't let off the hook by short term traders gifting them a get out of jail card. The shorts have made some of the longs pay big time so why wouldn't those longs still holding heavily under water want to pay them back??? Revenge can be sweet and profitable as well...GLTAH
 
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Last
$2.79
Change
-0.120(4.12%)
Mkt cap ! $22.08M
Open High Low Volume
$2.95 $2.95 $2.73 181.3K

Buyers (Bids)

Vol. Price($)
21789 $2.78
 

Sellers (Offers)

Price($) Vol.
$2.80 453
Last trade - 16.22pm 02/07/2026 (20 minute delay) ?
MYX (ASX) Chart
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