AKE 0.00% $9.83 allkem limited

Declining SP, page-5

  1. 1,766 Posts.
    lightbulb Created with Sketch. 50
    good link. gives the past days beyond the well known
    http://www.asx.com.au/data/shortsell.txt

    I can certainly see the bot trades, but the overall % ( according to your link ) are from 0.1% to max 0.4% ( on 1/6 - 73665 shares shorted ).. Seems very low compared to many other stocks.

    If there's good value in a stock and /or if its retraced significantly, the game players can sell to themselves further if they like, shake the tree further. But if you and I stop selling, then they can't shake out the retail holders any further and they must stop - the pros know better than most where the value is, what their cap raise prices, their avgs etc. Its part of the psycological game. Thats why for most small stocks, the massive surge comes immediately after a treeshake period. Unfortunately, their patience is usually longer, they outlast, they win your shares.
 
watchlist Created with Sketch. Add AKE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.