It's irrelevant.
Hedge funds are getting pummelled on short bets; ergo have to force liquidate long positions to cover losses.
They've been selling like crazy all week.
To illustrate for you:
Apple- stellar qtr result = down on billions sell volume
American Airlines-worst qtrly loss ever = 80% up on billions pumped in by shorts covering in squeeze.
If that means anything to you.
Or you think St Francis and me caused global equity trade volumes to spike past record levels?
PLS - 2020 chart thread !, page-1311
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Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65571 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 7500 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |