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Net Short Position for 21st Jan and 22nd Jan the same. Shorties have not started buy back. They have not shorted for 2 days now. Suppose no one loan them. If uptrend follows next week, I think it will, buy back will take price higher. Q report plus divvy announcement likely before CNY. Just under 3 weeks. Looks like we're gonna have a fantastic reward from Kossan for CNY! Don't sell yourself short. Hold for rally! :)
No time limit. Only limited to amount of short, which is 4%. They are currently at 2.18% I think. Sentiments returned to Gloves, Q reports all lined up to be reported and it will be great. It's the divvy to be announced that puts them in a difficult position now. They have to pay the lender divvy instead. Also, the longer they hold short position, the more interest they pay to lender. Hence, Glove investors are in a very good position to capitalise now. :)
