Have you even looked at the trades? 40k dropped just above the buy price to stop it rising. You think thats mum and dad holders doing that? And who do you think are trying to hit those stop losses?
You are kidding yourself if you don't think this is because of shorting. Just look at the rising short positions on shortman!
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 (20min delay)
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Last
$2.05 |
Change
0.030(1.49%) |
Mkt cap ! $388.9M | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.08 | $2.02 | $862.6K | 420.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 247 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.07 | 8084 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |