I am reminded that at the peak of the Great Financial Crisis of 2007-2008, that paragon of market analysts, Lehman Bros CEO Fuld blamed shorters, and I do believe he said something to the effect 'shorters: burn in hell...".
The sin of shorters was to tell the world that Lehman's was worth squat, and to put their $ on the line to demonstrate their attachment to that belief. The shorters were right, of course.
So, if you think the shorters are wrong, buy a few more.
Personally, I'm quite sure the shorters are wrong in the long term, but in the short term, they may be right.
Regards,
P
Discl: I hold a few. Not a lot of liquidity to buy more, but if the shorters force the price down, I will do so.
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Last
$1.76 |
Change
0.025(1.45%) |
Mkt cap ! $338.6M |
Open | High | Low | Value | Volume |
$1.73 | $1.78 | $1.73 | $591.9K | 335.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1690 | $1.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.78 | 5532 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 1.750 |
3 | 23756 | 1.740 |
2 | 6006 | 1.730 |
1 | 400 | 1.720 |
2 | 7527 | 1.710 |
Price($) | Vol. | No. |
---|---|---|
1.775 | 5532 | 2 |
1.780 | 15071 | 3 |
1.785 | 10000 | 1 |
1.790 | 4622 | 2 |
1.795 | 15000 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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