Agree with what you're saying. The BIG end of down pretty much controls the market, so it's their game and we are just the pawns. As a retail trader to think otherwise is very naive.
Rather than try to battle against them with their deep pockets, as a small trader all I can do is try to ride their wave and understand I have zero control on what happens when I'm in the market.
Another great learning curve to play out as the Shorters close their positions, I wasn't around last time when the short squeeze happened so looking forward to the ride.
It's begun- Shorters beginning to close their PNV positions, page-4
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 (20min delay)
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Last
$2.05 |
Change
0.040(1.99%) |
Mkt cap ! $1.416B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.08 | $1.99 | $2.210M | 1.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35040 | $2.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 34422 | 4 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| PNV (ASX) Chart |