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Short Term Trading Easter Weekend Lounge 29 Mar - 3rd Apr, page-62

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Dazedandconfused

4,273 Posts.

52

31/03/18

21:06

Post #: 32154238
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Originally posted by Session ↑

Just FYI this is the third large cross trade that has occured with FGO in the last 6-months or so. The first XT around 28m in November if I recall and the second around 30m perhaps a month later?

Certainly difficult to interpret but from what can be seen these large XT's havent had any positive impact on our SP. Doesn't appear to be prime brokers borrowing stock to cover shorts as data shows little to no shorting. Also looking to the latest top 20 we can assume only the directors hold such large amounts of shares?

A head scratcher indeed but would love to see an end to the selling as with updates due shortly we may finally start to gain some traction

Just some musings & all the best with your tip!

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Thanks for the info ...in that case I will call the Co and ask about it.
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