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DTR Update

Dateline Resources (ASX: DTR) looks set for a good day today. Strong share sales in the USA overnight will drive the price up. It looks like a 33% gain today alone (try doing that with real estate or a bank deposit).

Plus, I had a quick look at the short sales report and there are almost 1.5 million DTR shares shorted. The people shorting will want the price to go down. 

Who will win? I think the shorters will lose out on DTR. 

I note that Long Term Holders are hanging on tho their shares and even adding to their holdings. And that says a lot. One LTH even referred to Gamestop (if you don't know, then watch the 2-part series Eat The Rich). I thinks that's extreme, but everyone is allowed an opinion.

Others are starting to notice the rise and to jump on board as well. Let's see what the day brings.

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