Thanks Future Tech & Tersy,
Sometimes I think shorters create problems for themselves when they short, then the price goes up on them and they have to short again to create a lower price. I think this can go on and on until they have been forced to build up massive short positions, and when there is a sustained breakout to the upside they get smashed.
Perhaps this is what happened last year when the price went up to $13.00.
The stock was probably not worth $13.00 then, but the shorters got crunched.
My price target on A2M is AUD $15.00.
Any comments on shorters much appreciated. Thanks
Thanks Future Tech & Tersy, Sometimes I think shorters create...
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Last
$6.77 |
Change
0.130(1.96%) |
Mkt cap ! $4.894B | |||
| Open | High | Low | Value | Volume |
| $6.63 | $6.77 | $6.63 | $10.00M | 1.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2420 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 37726 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |