Correct, that means the shorts had to work exceptionally hard on the day of the ANN. To keep a lid on the SP, they had to short 10m of the possible 16M.
What does that tell you? They are worried and suppressing the price. It’s not a genuine seller.
In your language the bulls are not selling, it’s just the manipulated market of the shorters (who you call bears).
Hope that helps.
FYi / shorters was yesterday’s news. That damage has already been done and discussed on here about 9 months ago. Prior when you were holding or selling - I can never tell…
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Last
16.5¢ |
Change
-0.010(5.71%) |
Mkt cap ! $406.6M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 16.5¢ | $513.1K | 3.030M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 1431608 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 171627 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 1431608 | 0.165 |
35 | 1411625 | 0.160 |
24 | 2180215 | 0.155 |
60 | 1266833 | 0.150 |
13 | 1756375 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 168657 | 6 |
0.175 | 379995 | 8 |
0.180 | 511090 | 8 |
0.185 | 1000501 | 25 |
0.190 | 983856 | 21 |
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