No inside information is needed. You short sell aggressively once the report is released, creating a narrative that leads retail stockholders to believe there’s more to the report than initially thought. This can trigger a sell-off, especially when coupled with automatic stop-loss orders.
Covering at a 30% decline isn’t a bad return for just one day's work!
Goldman Sachs reinstates coverage on Webjet stock with Buy rating, page-33
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Last
$4.64 |
Change
-0.030(0.64%) |
Mkt cap ! $1.676B | |||
| Open | High | Low | Value | Volume |
| $4.72 | $4.74 | $4.59 | $4.970M | 1.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $4.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.65 | 16465 | 3 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| WEB (ASX) Chart |