Here is my latest chart of shorting numbers for recent events against the close SP.
We see a reasonable short squeeze since DW has gone on the front foot.
The rot set in on the 14th with the 2 million dollar month announcement. Then some serious volumes to close positions until the 20th. I short hiatus on the 21st then another body blow announcement of European sales and a big drop in shorts mirrored by the SP jump.
The question for me now is, have the shorters come back into the fray as the SP levels out or is this a genuine drop in buyer enthusiasm?
I am inclined to believe the shorting has renewed the pressure to avoid an all out rout, but this company is not one to be underestimated. So to our short selling PNV punters please be warned.
All this is my own conjecture and not advice. Make of it what you will.
GLTA
- Forums
- ASX - By Stock
- PNV
- Short Activity in PNV
Short Activity in PNV, page-4
-
-
- There are more pages in this discussion • 6,844 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNV (ASX) to my watchlist
|
|||||
Last
$2.52 |
Change
-0.050(1.95%) |
Mkt cap ! $1.739B |
Open | High | Low | Value | Volume |
$2.60 | $2.60 | $2.51 | $2.348M | 921.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22274 | $2.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.53 | 10711 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 22274 | 2.510 |
8 | 37588 | 2.500 |
2 | 8885 | 2.490 |
2 | 2689 | 2.480 |
1 | 2189 | 2.470 |
Price($) | Vol. | No. |
---|---|---|
2.530 | 10711 | 1 |
2.550 | 32424 | 4 |
2.560 | 11385 | 3 |
2.570 | 2189 | 1 |
2.580 | 27189 | 2 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
PNV (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online