WBT 1.29% $1.92 weebit nano ltd

Running discussion on SP, page-6083

  1. 5,237 Posts.
    lightbulb Created with Sketch. 885
    Hi all .....

    I would consider -now- if the volume starts to drop with the SP value increasing - shorts will have some concern. That action, having worked in a S/Brokers office -was once a signal/hint/hope/possibility that the SP was in a strong and (powerful) -uptrend.........with maybe some small retraces from day traders actions. Note -that was many years ago, but market 'psychology-?' is a funny beast !

    Now WBT -with possible further announcements of note (sooner rather than later), the SP has a chance of strong support from- sophisticates and fund managers. The latter however have very solid investment strategies - and usually stick to them.... Some 'micro cap funds' however are more aggressive.

    The most positive thing at hand is - the possibility of very impressive announcements. It has been many a year that I have seen a possible situation like this. Again briefly:-
    -a recent -very positive announcement
    -low share volume
    -short position -of note.
    -increasing share price-
    -Coy record of truth in announcements
    -Keeps word - but one must consider 'some matters beyond control of WBT's management' (take note some impatient posters here???)
    -more announcements due and some 'possible belief of what they may be' . Note never 100% correct -----------though
    -An animated and excited CEO......................yeah ! Especially in view of what is going on around him !

    All an opinion - Do your own research most important........HC is a chat site with the most powerful self - influencer -Money!..
    Financial Advice - Illegal like a sick bird - ill Eagle!

    Keep safe - enjoy the ride.

 
watchlist Created with Sketch. Add WBT (ASX) to my watchlist
(20min delay)
Last
$1.92
Change
-0.025(1.29%)
Mkt cap ! $362.7M
Open High Low Value Volume
$1.96 $2.00 $1.92 $1.195M 611.7K

Buyers (Bids)

No. Vol. Price($)
1 4676 $1.92
 

Sellers (Offers)

Price($) Vol. No.
$1.95 4000 1
View Market Depth
Last trade - 16.10pm 11/09/2024 (20 minute delay) ?
WBT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.