Agree with you guys, CLQ is heavily shorted at the moment. You...

Agree with you guys, CLQ is heavily shorted at the moment. You can check shortman.com.au for percentage of volume shorted. I’ve seen this play out many times before so feeling very comfortable with the situation.

Obviously it’s a premeditated attack to coincide with end of year tax loss selling, US volatility and the delayed DFS. I would say the shorting is conducted across a wide range of targets which have been pre-selected to provide the greatest chance of success for the shorters.

If you want to see what happens when shorts close out their positions, check out a couple of ‘dog’ stocks RFG and GSW in the hour after opening for trade subsequent to bad news. You have a 50% upward retrace as shorts buy back. CLQ itself was up over 200% after the last decent attack earlier last year. GXY soared from $1.60 to over $4, A2M from under $7 to $13.50, S32, AIZ, the list goes on.

I have a decent holding but plan to at least triple my holding between now and production so the retrace provides a great opportunity depending on your perspective.

MY CUE TO BUY IS WHEN INSIDERS MAKE A PURCHASE. MR FRIEDLAND WAS BUYING MILLIONS AROUND THE 50 & 60c MARK LAST YEAR!!!

Buy low, sell high. No other way.