ASM 1.83% 80.5¢ australian strategic materials limited

It would be interesting to record the increase in shorting...

  1. 523 Posts.
    lightbulb Created with Sketch. 70
    It would be interesting to record the increase in shorting activity on a positive announcement.
    It happens with alot of companies I am looking at.

    One of the observation notes I wrote down months ago is:
    Sell into announcement between 15 and 30 mins of trading.

    Their trades do not look hap-hazzard, they are timed to coincide with how the majority of buyers will act.

    These are the numbers Daubechies posted
    6th – Trading Halt
    * 7th – 463,856
    * 8th – 211,084
    * 9th – 53,643

    The figures below are pink noise.
    10th – 118,182
    13th – 89,240
    14th – 75,563
    15th – 152,915
    16th – 88,445
    17th – 130,018

    * There was also 740k shorted on 30/11, the day of the AGM.

    We were all waiting in anticipation for the day after the trading halt
    We were all waiting in anticipation for the AGM

    All things were positive and so was the increase in shorts.
    They knew we were coming and they were waiting for a feed.









 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
(20min delay)
Last
80.5¢
Change
-0.015(1.83%)
Mkt cap ! $146.2M
Open High Low Value Volume
82.0¢ 83.0¢ 79.0¢ $384.5K 476.1K

Buyers (Bids)

No. Vol. Price($)
1 11039 79.0¢
 

Sellers (Offers)

Price($) Vol. No.
80.5¢ 36943 2
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.