Miracle Streak : Another Dastardly Day for Petronas Chemicals shorts, even as it scores a Hat3rick to catalyse the Record ! {24th Mar '26}

 

After the end of a too-long holiday, Petronas Chemicals takes the marathon baton fromSunright for a hat3rick to catalyse a 100% record on the stock dating back to '15...one of the very few benefits of the senseless violence dominating headlines as urea & methanol prices surge!

The intraday shorts today, amounting to 418,400 shares worth $2,332,930 lose a combined $93,790 at the closing price of $5.80[ vs $5.575 sold by the non-shareholder punters] Total paper losses as of today stand at $329,167 for 1,683,800 shares shorted valued at almost $9.5 million.