Dear Socksa,
You comments are correct.
But you should add to them as follows..
One somebody enter in a shortselling he plan to make some profit and get out... Nobody can short until the prices comes to zero.
In the case of KAR the game is really very close... No short dream to see the share come to 5 or 4 dollars unless a disaster heppens (zero oil) or a leackage or something like that,.,
Having say that you should consider the average day is more than 400,000 (and today is not the average) and the shorters cover (each one) his position in different days..
Means.. maybe this 135000 will represent 15,000 each day...
(135/15 = 9 days or less than 2 weeks all can close their position.
Yes.. still is really irrelevant 15,000/400,000 is less than 4% of the daily movement.
With that amount you can move up or down any share///
About the result of drills I never comment just because I have no tech knowledge as well i believe nobody have previous knowledge what will comes...
Who buy have good feeling..who sells bad... this is the exploration enviroment..
No certainlties !
Thanks
Cato
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Last
$1.53 |
Change
-0.040(2.56%) |
Mkt cap ! $1.211B |
Open | High | Low | Value | Volume |
$1.57 | $1.57 | $1.51 | $9.529M | 6.261M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 921 | $1.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.53 | 66043 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 921 | 1.520 |
1 | 3000 | 1.515 |
2 | 12187 | 1.510 |
11 | 133351 | 1.505 |
32 | 737844 | 1.500 |
Price($) | Vol. | No. |
---|---|---|
1.525 | 66043 | 2 |
1.530 | 48513 | 3 |
1.535 | 31369 | 1 |
1.540 | 20565 | 2 |
1.545 | 5565 | 1 |
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