WBT 2.99% $1.95 weebit nano ltd

Ann: WBT's ReRAM IP now fully qualified in SkyWater S130 process, page-82

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,278 Posts.
    lightbulb Created with Sketch. 879
    I think people are generally assuming there is some long term short position actively trying to suppress the share price- this isn't the case.
    Short term short plays that get closed out inside of a few days, maybe a weeks max is where I'd place my bet for what's happening there. These will be relatively small short positions held on and off by a few algos, which flip to short term long positions once they've closed the shorts. The volatility, liquidity and price structure leads me to think this.

    There is unlikely to be some dark master with a huge short position who 'has to cover' and all of a sudden the share price rips to $10.
    Wouldn't mind being wrong though
 
watchlist Created with Sketch. Add WBT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.