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...
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Last
$2.64 |
Change
-0.010(0.38%) |
Mkt cap ! $1.823B | |||
| Open | High | Low | Value | Volume |
| $2.62 | $2.64 | $2.58 | $2.297M | 877.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2375 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.64 | 3584 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PNV (ASX) Chart |