Forum Topics SDR SDR Bear Case

Pinned straw:

Added 3 months ago

I know people are keen on SITEMINDER but with every hot tip share spike there are shorters around the corner. Short interest spiked with recent price increase. f3492f99c2ae886413e408afbbf524c255cd92.jpeg

jcmleng
Added 3 months ago

Thanks for this @cbirtles , I do not, but should absolutely keep an eye on this front. Am not concerned as SDR's price increase is very much aligned to SDR's business fundamentals and the opportunity ahead, which started unfolding late FY24 and will go right throughout FY25!

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Bear77
Added 3 months ago

It's certainly spiked up @cbirtles - but only to 2% so far - and Pilbara (PLS) has been over 20% shorted (now "down" to 19.3% short).

SDR being 2% sold short is no need for concern. 98% of the stock held is long.

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Mujo
Added 3 months ago

Yeh not too fussed at those levels - imagine the strong run has technical analysts screaming overbought and there may be some related with the recent transaction.

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