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Platinum Group Metals Ltd. Message Board

  • jackgotney jackgotney Feb 27, 2013 1:10 PM Flag

    Not Great Place to Short

    I am not sure why soemone would dump tens of thousands of shares during the lowest volume period of the day (lunch). It isn't how to get the best pricing. Unless it is an attempt to trigger selling, but even then with very strong support at 1.30, there is not much to be made from this point. I would wait to see if it goes to 2.25 in a short time frame like a few weeks, then consider there could be some profit taking to pull it back. But at 1.40, to short it now? Risky. FYI - To whom it may concern, we longs are not that eager to sell.

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