WBT 4.26% $2.45 weebit nano ltd

Running discussion on SP, page-6467

  1. 1,266 Posts.
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    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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