Here come the Shorts
The data on Shortman is correct at the Close on Monday the 19th of 4.02%
What we can see is that on Tuesday and Wednesday an additional 0.78% was shorted
Grand total short position as at close on Wednesday was approximately 4.8%. This is a near 600% increase in short position in the past 2 weeks
Meanwhile the SP has tanked from 37.5c to close at 23.5c today, down nearly 40% in just 8 trading days !
After watching Lake, Core & now Sayona you have to really ask if it is wise to make the ASX200 before you are producing revenue....... the big end of town usually goes whack to retail pumped hype stocks
If the other 2 are anything to go by, the bleeding should stop for a few days next week to let the SP rise (Short Trap), before the Shorters commence their 2nd wave onslaught of selling
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 7385050 | 3.2¢ |
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Price($) | Vol. | No. |
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35 | 10234270 | 0.031 |
52 | 10563135 | 0.030 |
44 | 6765893 | 0.029 |
43 | 11320277 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 743714 | 3 |
0.034 | 5580289 | 15 |
0.035 | 5024400 | 9 |
0.036 | 9186752 | 20 |
0.037 | 17457731 | 39 |
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