Shorters aren't invincible. They've got it wrong many times before. In 2020, shorters lost USD $38b on Tesla and nearly USD $7b on Apple: https://markets.*.com/news/stocks/tesla-stock-short-sellers-lost-billions-rally-elon-musk-tsla-2021-1
Shorters have the same fallibilities as longs. I'd agree with other posters here, they are betting on a CR. Thing is, by the time ADN needs $, even if they can't secure debt, a CR may no longer be a problem because the SP has improved on the back of ML, breaking ground, BOAs, and progress on any one of the blue sky fronts. Alternatively, we may be dropped from the index before we need $, and the shorters will be forced to return their shares. Either way, the shorters loose. So I think their positions are testosterone fuelled stupidity.
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Shorters aren't invincible. They've got it wrong many times...
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Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $52.87M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.5¢ | $56.04K | 3.534M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 67044 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2945887 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 67044 | 0.016 |
38 | 10074219 | 0.015 |
13 | 2536049 | 0.014 |
7 | 2633923 | 0.013 |
6 | 1655833 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2945887 | 9 |
0.018 | 2862774 | 9 |
0.019 | 3659762 | 9 |
0.020 | 1653444 | 13 |
0.021 | 1450000 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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