Zuiderbuur schreef op 29 maart 2023 13:24:
5.71 % Short now. Does ALFEN have problems? Most investors don't think so. But there is a tug-of-war with the hedgefunds that are desperately looking to take the money of the private and less experienced stockholder.
The 1-million question for the hedgefunds is how to exit positions with approx. 1.4 millions shares short. They can do meanwhile alternate short/long positions at key moments. But I believe all these actions have marginal or limited effects on pricing and moreover it is very unconvincing with repeated retesting of the floor at 69-72€. This makes it very unlikely for them to aim for the 60-62€ pricelevel while putting themselves in a sort of "russian state" with no firepower left anymore. The market has a strong conviction that the floor has been closely reached and is waiting for capitulation of the shortselling body that will tumble at the exit as they did last year after Alfen announcing the 1st Q 22 results.
Virtually no one seems to sell his shares et the current prices. Share owners and others are waiting fot the point the market will turn. +- 8% Increase is possible within minutes. A lot of people will miss an important part of the flash increase. Remember key datapoints timewise: april 6, may 10 and may 17. But a surprise can happen anytime!