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Re: SBM - St. Barbara Mines

As far as I understand it you can short anything you can organise a borrow for (I've not done it I don't play in that league).

In relation to SBM - the forced sell is one thing - and its nice to see the market did absorb it and recover so maybe that sets a good floor - but its a bit of a worry that he had to sell it on market and couldn't find someone to place it with (unless it was sold without his approval or input).

A market like this with the forced selldowns can present great opportunities - I'm not fully convinced that this is one of them yet though.

I did end up picking up a few over the past few days after it seemed to find some support, but not too many - I'm still a bit wary of the leonora startup and would like to see that bedded down, and a clearer picture of operating performance overall, before getting too carried away.

<blockquote data-quote="cuttlefish" data-source="post: 318286" data-attributes="member: 3963">Re: SBM - St. Barbara MinesAs far as I understand it you can short anything you can organise a borrow for&nbsp; (I&#039;ve not done it I don&#039;t play in that league).In relation to SBM - the forced sell is one thing - and its nice to see the market did absorb it and recover so maybe that sets a good floor - but its a bit of a worry that he had to sell it on market and couldn&#039;t find someone to place it with (unless it was sold without his approval or input). A market like this with the forced selldowns can present great opportunities - I&#039;m not fully convinced that this is one of them yet though.I did end up picking up a few over the past few days after it seemed to find some support, but not too many - I&#039;m still a bit wary of the leonora startup and would like to see that bedded down, and a clearer picture of operating performance overall, before getting too carried away.</blockquote>

[QUOTE="cuttlefish, post: 318286, member: 3963"] [b]Re: SBM - St. Barbara Mines[/b] As far as I understand it you can short anything you can organise a borrow for (I've not done it I don't play in that league). In relation to SBM - the forced sell is one thing - and its nice to see the market did absorb it and recover so maybe that sets a good floor - but its a bit of a worry that he had to sell it on market and couldn't find someone to place it with (unless it was sold without his approval or input). A market like this with the forced selldowns can present great opportunities - I'm not fully convinced that this is one of them yet though. I did end up picking up a few over the past few days after it seemed to find some support, but not too many - I'm still a bit wary of the leonora startup and would like to see that bedded down, and a clearer picture of operating performance overall, before getting too carried away. [/QUOTE]

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