WBT 1.21% $2.51 weebit nano ltd

Running discussion on SP, page-6374

  1. 1,308 Posts.
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    Shorters will persist as long as they make big profits by covering shorts at a price lower than the SP they borrowed. There is a limit to what quantity of stock is available to be borrowed and also the likelihood for the current shares available to be borrowed to be shorted. For example, stocks borrowed to short when at all time highs (at $8-9 SP range) gave shorters a better likelihood that they could be covered at a lower price. Now at the current SP what is the likelihood that the SP can be meaningfully shorted at a lower price to justify the risk / reward of covering?
    The further the company progresses down the road of commercialisation, this risk / reward diminishes. Soon they will have to cover. Whilst it appears that shorters are on the ascendency, they have a lot to cover. WBT could announce a big or high profile first customer, or another fab or something regarding discrete nvm. If any of these happen, the shorters will run for the hills.
 
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$2.51
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