"Short selling always exaggerate the market condition." really - do you have any research to back that up?
i fail to understand how a short can have any greater power in the market over normal buyers and sellers... if shorts truly had power to influence prices we would all do it - why go long when you can achieve better results short?
In my view the price falls are based on fund sellers, testosterone health concerns, an out of faviour biotech sector and a firm heavily dependent on a single product which did not grow net sales as strong in Q1 as expected.
Yes - anyone short has benefited from these factors but i would argue they have not caused them!!! the facts have changed on ACR and the price has moved to reflect these new facts...
Depending on your perspective will depend on how you react... for long term holders, with a reasonable entry price in the low $1s - the question is, will the factors mentioned above eventually pass / improve to allow the ACR price to recover from where it is? i say yes :-)
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Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $15.40M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.3¢ | $1.863K | 34.80K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 17258 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.054 |
2 | 293669 | 0.052 |
3 | 119539 | 0.051 |
2 | 217490 | 0.050 |
2 | 312000 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 17258 | 1 |
0.059 | 18000 | 1 |
0.060 | 670 | 1 |
0.061 | 100000 | 1 |
0.062 | 116100 | 2 |
Last trade - 11.38am 09/10/2024 (20 minute delay) ? |
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