YES you got it mate!
If you have a check the history of nearly all the re-rated stock, like AVH, PAR, IMM, PNV, IMU (most recently and most impressively)........
All of them got the shorting position heavily increased during the re-rating period.
And this is regardless of business type.
One would ask that whether the big funds or institutes are too stoopid to short a stock when they know something good is coming?
NO! Never like that!
Why? You have to figure it out yourself. Haha
Anyway, WBT is entering a big re-rating zone now.
Short data on WBT, page-70
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Last
$2.38 |
Change
0.160(7.21%) |
Mkt cap ! $451.9M | |||
| Open | High | Low | Value | Volume |
| $2.25 | $2.38 | $2.19 | $1.896M | 828.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1096 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 105071 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WBT (ASX) Chart |