there are very little shorts on Afterpay atm which means they have minimal control of the stock price. All one needs to do is review afterpays price when there was 5-6% shorts. It wasn’t long ago at all. Things can change very quickly.
Afterpay when facing an extreme dip under $10 was being controlled by shorts. Talk of margin compression etc may happen for Z1P who knows. Were guys like stefan talking the same sh*t on their beloved afterpay when additional competitors were entering the US market? Guys like Stefan are FOS. Z1P share price is being manipulated at this stage and being held in a set trading range. What made this happen was the westpac sale. Unfortunately for holders we need to ride out this sideways movement but every bit of positive news adds further pressure to shorts.
there are very little shorts on Afterpay atm which means they...
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Last
$2.87 |
Change
-0.050(1.71%) |
Mkt cap ! $3.747B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.02 | $2.82 | $37.30M | 12.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4400 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 56094 | 6 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |