If you're the main influencer it makes sense. You front-run it, spruik it to all the other day traders and dump on the run up. Guaranteed cash once you have a following of lemmings, each one thinking they are smarter than the other to outplay them. All the while they make a self-fulfilling prophecy of the charts as they try to get onto the next line up and down to mimic whatever the chart is predicting.
It is just sad, really. A manipulative, exploitative and predatory individual or small group profiteer off the desperation of a larger group. A pied-piper approach if you will.
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WBT
weebit nano ltd
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2.40%
!
$1.63

If you're the main influencer it makes sense. You front-run it,...
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Last
$1.63 |
Change
-0.040(2.40%) |
Mkt cap ! $340.2M |
Open | High | Low | Value | Volume |
$1.68 | $1.68 | $1.61 | $315.2K | 192.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1050 | $1.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.63 | 3628 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1000 | 1.625 |
10 | 6039 | 1.620 |
6 | 5948 | 1.615 |
8 | 7932 | 1.610 |
6 | 4337 | 1.605 |
Price($) | Vol. | No. |
---|---|---|
1.630 | 6655 | 4 |
1.635 | 12973 | 6 |
1.640 | 17512 | 6 |
1.645 | 2097 | 4 |
1.650 | 20121 | 8 |
Last trade - 11.14am 16/06/2025 (20 minute delay) ? |
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WBT (ASX) Chart |