Generally I see large shorter involvement when the share price is at ath and there is a disconnect such as falling revenues or revenues not meeting expectations or forecasts
Shorters pile in. That drives the sp down a little. But it's then the ongoing sustainedanipulation of the shorters over the following 6-12 even 18 months that really damages the share price.
This manipulation has nothing to do with getting it right, it's knowing you have a lot of money. And it's knowing you can manipulate the price down for a period of time until the company can show it's turned a corner
Generally I see large shorter involvement when the share price...
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PNV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.45 |
Change
0.010(0.41%) |
Mkt cap ! $1.691B | |||
| Open | High | Low | Value | Volume |
| $2.45 | $2.51 | $2.43 | $5.243M | 2.122M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35541 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 2681 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PNV (ASX) Chart |