PNV 0.41% $2.45 polynovo limited

anyone get sucked in by the shorts selling to themselves...

  1. 523 Posts.
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    anyone get sucked in by the shorts selling to themselves dropping price to 1.49 today? I was looking at the trades and the buy sell stack and it's pretty obvious that's what they are doing at the moment (and the last 2 weeks) to try and get others to sell in fear
    We have seen time and again a bump up high then a large drop and more often than not a strong finish as the shorters need to buy back the shares they sold in an attempt to drive the share price down...
    It's not working... Sales update around the corner. Last quarter it shot up 25% before settling and then falling. But the shorters wanted to kick us out of the asx200 index at that stage. Two quarters of increasing sales growth is going to put PNV on the radar for a lot of people to park their investment in these volatile times. Healthcare sector has done well the last 6 weeks
    Last edited by dogzrule: 11/07/22
 
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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
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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