Get started

Liquidation

G-Resources: 1/6 Liquidation Value & Prior Mgmt GoneA month ago I published an idea on Seeking Alpha on a deep value stock in Hong Kong with changes afoot.. G-Resources ( 1051 HK ) G-Resources seems to be an extremely cheap stock trading at 1/6 of liquidation value. Prior management sold most of their stake in a block sale in May and resigned from board and executive officer positions. Market responded favorably to the sale for a few weeks, but stock has since sold off and is touching lows. Possible reasons the opportunity exists include: China selloff, risk of total loss, stigma around the Martabe sale, etc. This article is a call to action for “diggers” to get the full story, contact the relevant parties, and ensure outside investor interests are respected.
HKEX:1051Long
by bg7424
[ETH] Open Eth Short Positions Indicate Potential Short Squeeze The purple line is the ETHUSD price overlayed short volume in the last 9-10 months Looking at ETHUSDSHORTS which shows the amount of Ether used for open short positions on Bitfinex has spiked enormously in the last couple days. This charts data, going back nearly a year, clearly show us that there is a huge amount of Ether that has been "artificially" taken out of the market in just the last few days, not to mention the last couple weeks. Those Ether need to be brought back into the market whether the short sellers want to or not. Of course we know exactly how powerful the uncoiling of a short squeeze can be if we look at early April on Bitcoin charts. There does need to be a catalyst that eventually breaks the camels back and triggers the buybacks of all those Ether. Could happen on just a small move upward setting off a chain reaction. Some fundamental news could drive bulls to trigger the squeeze also. Bullish stock market moves after a long weekend in the US could contribute to that tomorrow. We could also see some more sideways or slow upwards grind in ETH price over the next few days which would most likely look very choppy and untradable in terms of TA as shorts slowly close out and eventually high volume liquidation prices trigger, sending price upwards.
BITFINEX:ETHUSDSHORTSLong
by NYFinancials