Just trying to understand this.
So given the lag in numbers there might be (say) 40m shares borrowed and (say) 20m shorted.
This gives them 20m to play with to push the price down further.
To the extent LTH’s (and other non-shorters) buy the shares they are shorting it increases their exposure and to the extent more LTH’s are scared into selling shares to the shorters it reduces their exposure.
If that is anything like correct it is a very tricky game to exit their position because when they sell more shares to reduce the price (and make more profit) their exposure increases and relies on enough LTH being scared into selling as a result to more than offset their additional exposure.
This is besides the fact that at any point in time something might happen to increase the sp and turn their whole position to sh.t.
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Just trying to understand this.So given the lag in numbers there...
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1.6¢ |
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Mkt cap ! $49.76M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.5¢ | $797.4K | 49.05M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2397883 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2031381 | 4 |
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No. | Vol. | Price($) |
---|---|---|
7 | 2397883 | 0.016 |
21 | 9428944 | 0.015 |
7 | 1642049 | 0.014 |
5 | 2448080 | 0.013 |
4 | 1541667 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2031381 | 4 |
0.018 | 3422694 | 13 |
0.019 | 3659762 | 9 |
0.020 | 1439444 | 12 |
0.021 | 1280000 | 3 |
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