I think all the comments show that no one understands shorting and why.
Perhaps its a simple as WBT is over valued.
Remember we were trading at a high of $9’s and between $6 and $7.5 there for a while.
Todays MC is about $850M and $4.60.
Step back and think about it. No customers, no revenue.
WBT product have also been readily available for months through skywater.
I expect this to trend back into the $3 range, perhaps low $3’s and circa $600MC unitl such time as revenue starts to justify a higher valuation
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Last
$2.35 |
Change
0.020(0.86%) |
Mkt cap ! $443.9M |
Open | High | Low | Value | Volume |
$2.41 | $2.45 | $2.34 | $1.597M | 671.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1898 | $2.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.37 | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1898 | 2.350 |
7 | 31918 | 2.340 |
5 | 9296 | 2.330 |
5 | 14294 | 2.320 |
1 | 2500 | 2.310 |
Price($) | Vol. | No. |
---|---|---|
2.370 | 20000 | 1 |
2.380 | 2000 | 1 |
2.390 | 15300 | 4 |
2.410 | 11000 | 2 |
2.420 | 2991 | 2 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
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