Until they remove or fix short selling the market has little chance at the moment......what has happened to BNB overnight?........nothing....fiancials up overnight, great numbers from everyone except Merryl but others are producing profits albeit less than last year... a profit is a profit and there has not been wholesale losses across the board....if you look at the charts, there are steep V's everywhere indicating to me that people are shorting...BNB ASX, ANZ, NAB etc etc buying back and then reloading....
The only bright spot imo is when an announcement comes that confirms asset sales and profit the shorts are going realise that shorting can rip your head off....
I would offer $10 right now but cant raise the funds
BNB Price at posting:
0.0¢ Sentiment: None Disclosure: Held