@baldwidx
Be careful posting stuff like that, it is by definition market manipulation and an orchestrated pump of the share price (even if the intention is to "hurt" shorters). Game Stop only worked because the USA allows for naked short selling, which if I remember correctly, saw shorts in excess of 100% of the shares outstanding. This added the necessary fuel to the fire, as the shorters were unable to cover all at once without pushing prices higher (and the forced selling is what really contributes to a squeeze) and there was a bit of a chain reaction sustained over a long period of time. NEU has a measly 3.5% of shares shorted, even if it gained traction on a platform like Wall Street Bets you would never have a squeeze as the shorters would not struggle much to buy back their shares. The selling isn't really coming from shorters, it is coming from investors with very limited patience. Everyone these days wants to be made rich overnight, if that is not on offer, they move onto the next thing and buy it right at the highs. This is why something like 90% of retail investors end of up underperforming the market...
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Last
$12.94 |
Change
-0.200(1.52%) |
Mkt cap ! $1.653B |
Open | High | Low | Value | Volume |
$13.03 | $13.06 | $12.75 | $7.500M | 581.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2300 | $12.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.96 | 2086 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2300 | 12.930 |
1 | 775 | 12.900 |
1 | 192 | 12.890 |
2 | 1877 | 12.800 |
2 | 578 | 12.780 |
Price($) | Vol. | No. |
---|---|---|
13.000 | 119 | 1 |
13.050 | 1150 | 1 |
13.180 | 1000 | 1 |
13.200 | 50 | 1 |
13.260 | 1000 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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