A shorter is just someone that is committed to buying the stock in the future, that's not a bad thing. Its the ramping both up and down that's the issue.
is the strategy, using adn as an example, to find a company that you think you can ramp from 30c to 40c and then back to 30c.
you buy $100k worth at 30c and upramp to 40c and sell for $33k profit.
you then short borrow 1M shares, sell at 40c and start a down ramping campaign trying to drive back to 30c and cancel the short netting another $100k.
$133k profit in a few months for sitting on social media for a few hours a day.
I need to look closer into this.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.75M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $26.97K | 3.576M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
55 | 18073177 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 10980202 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
55 | 18073177 | 0.007 |
51 | 21360989 | 0.006 |
28 | 14758693 | 0.005 |
9 | 10625000 | 0.004 |
6 | 19278333 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 10980202 | 16 |
0.009 | 18903760 | 19 |
0.010 | 10097806 | 13 |
0.011 | 14267431 | 6 |
0.012 | 14090921 | 8 |
Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
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