Shorters in the stock market often base their decisions on the level of retail interest in a particular stock. Their algorithms carefully analyze data from social media platforms like Twitter and here (Hot Copper forums) to gauge the strength of retail investors' commitment to a particular stock. So essentially the more posts the more short interest, you’ll see LTR often in the most talked about stocks on here. Shorters take advantage of retail investors' weak hands and short stocks accordingly.
One such company experiencing such activity is Liontown, which is currently witnessing some accumulation. There is also a bet being placed that the company won't be able to meet its production date. Will we meet production by end Q2 2024 is the million $ question.
Whose in charge ?
https://twitter.com/jamesraven__/status/1630511296759353344?s=46&t=mkqFhQUAkXQJu3nDh1TvTA
Dogs
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Last
90.5¢ |
Change
-0.020(2.16%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 93.5¢ | 89.0¢ | $26.09M | 28.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 472933 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 446423 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |