MSB 6.45% $1.16 mesoblast limited

For what it is worth my thoughts are- The retail market is long...

  1. 59 Posts.
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    For what it is worth my thoughts are
    - The retail market is long -some are happy purchased below $3.50 however the volume indicates many purchased between 3.50- 4.20 and they will be nervous. The instos know this and therefore will try and shake them out perhaps if they can getting it below 3.20 to force stop losses and acquire at their expense. They will use this in accumulating - they know that their is limited volume out there and acquisition is difficult.
    - I am ignoring the short data as could simply be arbitrage related with MESO as their have been good opportunities -so don't wait for a short squeeze there.
    - The instos also know that day 1 lowest they can get on their books creates room on the upside.

    So I am a confident hold and despite having traded the 3.60 - 4.00 range regularly - I am staying out of trading maintaining a significant long position and just holding weathering the storm as i believe being caught without a long position in this market is the biggest risk of all getting set when everyone is chasing will be hard.

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Last
$1.16
Change
0.070(6.45%)
Mkt cap ! $1.318B
Open High Low Value Volume
$1.12 $1.20 $1.11 $20.88M 17.94M

Buyers (Bids)

No. Vol. Price($)
5 59978 $1.15
 

Sellers (Offers)

Price($) Vol. No.
$1.16 34019 3
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
$1.15
  Change
0.070 ( 5.63 %)
Open High Low Volume
$1.12 $1.20 $1.12 3733217
Last updated 15.59pm 06/05/2024 ?
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