RE: Ban short selling16 Mar 2024 00:46
‘Shorters prob hate long term investors.’ .
Yep that’s me, hold for Gold!
Just signed the petition.
Short & Distort
•Short-and-distort is an illegal market manipulation scheme that involves shorting a stock and then spreading false information in an attempt to drive down its price.
•Short-and-distort is the inverse of the better known and also illegal pump-an-dump tactic.
•Negative opinions about a stock are a constitutionally protected speech, as distinct from false claims spread for profit as in a short-and-distort manipulation
•To protect against such schemes, research the stocks you own to more easily discern false claims, and try not to overreact to dramatic price moves in response to unverified information.
We have seen quite a few 'Scaremongers' on here over the last 2 years , have we not?
https://www.investopedia.com/articles/analyst/030102.asp
Wholly disagree with the notion that in order to create ‘Liquidity’ we should somehow require shorter’s, absolute Bolocks?
Anyway matters have and are now swiftly moving onwards, most especially because of the LROR clause. One way or another, I actually think GGP will secure the remaining 70% ownership of Havieron, simply because as already pointed out by Hydro and others this clause is Havieron specific !! , and does not tie us to also including the purchase of Telfer.
So what then if nobody wants Telfer without a ready supply of ore? plus NEM are facing a large decommissioning & restitution cost whilst might already be provisioned for would be a huge gain to them if got rid off to someone else?
So, IMO I can see an amicable deal being done ASAP as NEM will want to put this to bed , IMHO.
The sooner the shorters realise this the sooner they will start to close their position.
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