I am reminded that at the peak of the Great Financial Crisis of 2007-2008, that paragon of market analysts, Lehman Bros CEO Fuld blamed shorters, and I do believe he said something to the effect 'shorters: burn in hell...".
The sin of shorters was to tell the world that Lehman's was worth squat, and to put their $ on the line to demonstrate their attachment to that belief. The shorters were right, of course.
So, if you think the shorters are wrong, buy a few more.
Personally, I'm quite sure the shorters are wrong in the long term, but in the short term, they may be right.
Regards,
P
Discl: I hold a few. Not a lot of liquidity to buy more, but if the shorters force the price down, I will do so.
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Last
$1.40 |
Change
-0.025(1.76%) |
Mkt cap ! $269.1M |
Open | High | Low | Value | Volume |
$1.42 | $1.47 | $1.36 | $1.317M | 944.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 400 | $1.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.41 | 4645 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 22583 | 1.370 |
1 | 10000 | 1.365 |
3 | 9753 | 1.355 |
5 | 24574 | 1.350 |
1 | 50000 | 1.345 |
Price($) | Vol. | No. |
---|---|---|
1.420 | 5000 | 1 |
1.430 | 6761 | 1 |
1.440 | 10000 | 1 |
1.445 | 10000 | 1 |
1.470 | 18591 | 3 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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