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.
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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. |
---|---|---|
$1.95 | 4000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4676 | 1.920 |
2 | 7000 | 1.915 |
3 | 23879 | 1.910 |
3 | 4434 | 1.905 |
25 | 104490 | 1.900 |
Price($) | Vol. | No. |
---|---|---|
1.945 | 4000 | 1 |
1.950 | 2979 | 1 |
1.955 | 2979 | 1 |
1.960 | 2979 | 1 |
1.965 | 2979 | 1 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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