"Short squeeze happens when market comes across unexpected news and suddenly shorters have no choice but to cover."
Correct, but that is only one reason for a short squeeze, a short squeeze also happens when shorters over extend and then have the difficulty of a rising price and lack of liquidity.
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-929
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 (20min delay)
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Last
$1.40 |
Change
0.070(5.26%) |
Mkt cap ! $3.394B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.40 | $1.31 | $17.90M | 13.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 257662 | 18 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$1.39 |
Change
0.070 ( 5.25 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.39 | $1.31 | 3329317 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| LTR (ASX) Chart |