if my theory is correct , then they can
A.. Accumulate at these prices while the suppression still seems to be in play .
Once it crosses a certain level , buy strongly on market , to give the appearance of a short squeeze .
Your warehoused shares increase in value until they are asked to cover , you cover with some shorted shares and some warehoused shares to give the appearance of shorter panic , shorts decreasing , frenzy in the market leads to massive FOMO , it overshoots as always , shorters step in and borrow more shares , the same shorter sells on market plus the warehoused shares to create a massive plunge and then buys them back on the cheap to return to lender and pocket the profits .
And then starts again .
Is this scenario possible . I think so .
Is it right or fair , absolutely not .
Should short selling be banned on these early entrants to the ASX indices .
Absolutely .
I hope I'm wrong or it's gonna be wild and bumpy ride to top .
Aimo
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Last
$2.45 |
Change
0.100(4.26%) |
Mkt cap ! $462.5M |
Open | High | Low | Value | Volume |
$2.35 | $2.46 | $2.34 | $1.524M | 632.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5678 | $2.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.45 | 13200 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5678 | 2.440 |
1 | 2206 | 2.420 |
1 | 2206 | 2.410 |
6 | 19241 | 2.400 |
2 | 10300 | 2.380 |
Price($) | Vol. | No. |
---|---|---|
2.450 | 13200 | 3 |
2.460 | 17817 | 4 |
2.470 | 4596 | 2 |
2.480 | 76715 | 1 |
2.490 | 7183 | 2 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
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