Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
if you aware. ekovest is the top short selling counter in bursa. 2.8% of total issued share is shorted.
It only has 34mil in March, increased of 50mil within six months.
institutions are keep short sell it as they might know something that retailers do not have
if this 79mil share being closed. it will shoot up to 0.60 given the market depth now. if everyone hold. then short sellers have to push higher to close the position.
NSS 44mil as of 14 May.
good sight that they are rushing to close the short position. they closed 4 mil in a day. that's why the price shoot up ytd. I believe they will do the same today and tomorrow to reduce their exposure to below 20mil
my advice is if you holding it just hold it tight. don't let them close their position. eventually they will push the price up given there is no selling pressure.
LKC will start to dump when it reaches 0.60
still got 60% gain in short term