NUH 0.00% 8.1¢ nuheara limited

it's getting to a stage now where the short selling may actually...

  1. 3,312 Posts.
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    it's getting to a stage now where the short selling may actually be having an effect.
    Look at how thick the buy side is, and look at how thin the sell side is
    you'd need 8 million sales to move the price down .3 cents, but the same amount of buys would push the price up a whole cent
    Normally people stack the sell side at least a little and wait to have their shares bought if they are wanting to make money. No one is stacking the sell side.
    It's either panic selling or orchestrated selling for accumulation.
    But who knows with this stuff. Sometimes this action happens prior to big price movements (it happened with VLA for years prior to a takeover 270% above market price), other times its just tin foil hat stuff.

    Edit: just saw rturve's post above. Seems like we are all seeing the same thing happening.
    Last edited by septa: 14/05/21
 
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