About 10% of yesterday's volume was short sales yesterday according to ASX data.WBT WEEBIT NANO LTD FPO 53,471As you can see, there's been a strong negative correlation between the SP and levels of shorting since it began in May
The ability of shorts to manipulate price and hit stop losses etc is becoming self-fulfilling at the moment until management can announce a deal. However, if/when they do, it just means they'll be forced to cover quickly which will accelerate the rise.
Weebit - 2021and beyond, page-7544
-
- There are more pages in this discussion • 2,680 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WBT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.05 |
Change
0.030(1.49%) |
Mkt cap ! $388.9M | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.08 | $2.02 | $862.6K | 420.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 247 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.07 | 8084 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |