I see what you mean. Anyway the sector, somewhat different to PLY, is on a tear.
Overdue for a presentation from PLY. Nothing since listing
“GME’s board shake-up and stronger holiday sales is causing a long-buying tsunami, which is the primary factor for the price move,” Dusaniwsky said in emailed comments. “While I agree that we are seeing some shorts squeezed out of their positions due to massive mark-to-market losses today, this is much like the chicken-and-egg question – did long buying lead to short covering\squeeze or short covering\squeeze lead to long buying?
”Dusaniwsky believes it’s the former.“We will not be seeing a massive drop in shares shorted over the next few days, more like a 10%-20% drop which would mean 7 to 14 million of shares covered, which is nowhere near the almost 70 million shares traded this morning,” the analyst said.
“Long buyers are the primary force driving GME’s stock price up. “
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Last
58.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $237.3M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 60000 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
55.0¢ | 187 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 50391 | 0.575 |
2 | 16478 | 0.570 |
2 | 17322 | 0.565 |
3 | 44000 | 0.560 |
5 | 49618 | 0.550 |
Price($) | Vol. | No. |
---|---|---|
0.595 | 500 | 1 |
0.610 | 50805 | 6 |
0.615 | 11000 | 2 |
0.620 | 4500 | 1 |
0.625 | 8000 | 1 |
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