The shorts are active which means the institutions and funds are getting in, shorting is a way to create volatility and volume and scare the retail investors out. ALK has a large percentage of retail shareholders, that is now starting to change.
From a resource stock I follow and hold, this morning.
Same applies to ADO in another context, without the shorting aspect of it, but represents the same principle.
Prior to news price gets pushed to flush out retail holders, CPS and others want more of the stock, as the
unmarketable facility has shown
Those guys want retail holder's stock.
We have just shed roughly half of our retail holders out of the register.
By depressing the price prior to news such volume is usually a good indicator.
all IMO
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.28M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $83.79K | 3.987M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 2097105 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 209711 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 2097105 | 0.020 |
4 | 2832500 | 0.019 |
7 | 2041613 | 0.018 |
5 | 1624748 | 0.017 |
1 | 1050000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 209711 | 3 |
0.023 | 422000 | 2 |
0.024 | 48550 | 1 |
0.025 | 40000 | 1 |
0.026 | 76000 | 2 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
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