Hamman, the short interest hasn't really moved over the past 6 months, so you cannot blame shorters or Morgans (who have been spot on by-the-way) for the poor performance from 2.70 to 1.58 (-41.4%)....
Insto's are not "crushing the price", as almost all institutional funds (except HF's) cannot short they are long only mandated funds.... As for the daily spoofing, I here you on that, but that is small systematic players not mutual funds and Insto's...
I suspect (like we did post the NFL release with Collins St funds??) that previous cheerleaders / supporters have bailed on some of their shares. The math just does not add up that it isn't previous holders who are saying enough is enough (unfort I didn't see the light until it came back to $2.06)...
Anyway, I suspect we are now closer to some sort of capitulation level, but I am not willing to step in front of anything and add back shares ahead of the AGM, that unfortunately I suspect disappoints.
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $78.73M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 21.5¢ | $78.13K | 350.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 64880 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 43479 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 64880 | 0.220 |
12 | 212910 | 0.215 |
14 | 245866 | 0.210 |
8 | 182478 | 0.205 |
30 | 784855 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 43479 | 1 |
0.230 | 84999 | 2 |
0.235 | 26540 | 1 |
0.240 | 103500 | 4 |
0.250 | 109857 | 5 |
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