NEA 0.00% $2.10 nearmap ltd

How to stay positive with this stock?, page-23

  1. 806 Posts.
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    Rockc69, your graph demonstrates NEA is substantially growing its revenue.

    The following graph shows the substantial increase in short selling (orange line) from 6 May. This exactly matches the drop in share price (grey line). Coupled with the increase in negative comments on Hotcopper, demonstrates this short term downtrend is largely being driven by short sellers.

    I prefer to follow the growth in revenue and the purchases by directors rather than be panicked by short sellers and their negative comments on Hotcopper



    https://hotcopper.com.au/data/attachments/3189/3189525-437df45f1bae5ab46c237132dc918670.jpg


    Last edited by SA1588: 18/05/21
 
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