Another prediction falls flat. The SP is in fact ~7.5% lower than when this was posted.
It is now 5.5% below where it closed after the results were released ($5.58 on Monday 30/8). All these predictions of breaking through $5.50 seeing shorters getting squeezed, pushing on to $8.00 (in this thread: https://hotcopper.com.au/posts/55612076/single) have all gone nowhere. Meanwhile, Mike sold some more shares this week.
Not up-ramping, not down-ramping, just presenting some facts.
Ann: S&P DJI Announces September 2021 Quarterly Rebalance, page-24
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Last
$2.42 |
Change
-0.050(2.02%) |
Mkt cap ! $160.4M | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.44 | $2.38 | $769.7K | 319.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5463 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.44 | 8000 | 2 |
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