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
$1.24 |
Change
0.043(3.56%) |
Mkt cap ! $858.3M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.25 | $1.19 | $1.265M | 1.031M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 17519 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 17299 | 20 |
View Market Depth
| Last trade - 13.44pm 04/07/2025 (20 minute delay) ? |
| PNV (ASX) Chart |