borrow shares does not make them short
imo this fall then increase is due to data bot being reported properly i.e. one (or more shorters) not reporting properly.
so . . no need to fear price being driven down.
in contrast the reality is shorters have given wbt a red hot crack to demoralise the shareprice but reality is, while they have had some success wbt has found a strong base. and with 14.6 m already shorted the shorters have very limited number of additional shares they can borrow and any borrowing they are doing at these levels will be expensive (supply and demand).
at this point shorters are banking on wbt having delays, failing and most centrally retail losing faith but as this last week especially has shown the volume has dried up and retail is more than happy to sit on their shares knowing that we are sitting on the mother of all golden gooses of the next tech evolution.
wbt is going to be spitting out golden eggs like a massive chicken farm and the retail that is holding on knows that.
sorry shorters you little algo trades selling into the sell queue are scaring anyone.
question . . covering 1 mil . . 2 mil . . 5 mil . . 10 mil shares off the back of customer, next tier 1, 22nm qualification etc announcements . . what will that do to the share price.
shorters are on a hiding to nothing from here imo with a huge lubrary of announcements and tech progressions in the pipeline.
wbt for the win. hold onto every share you can weebitters . . life changing results are coming in this next 3-5 years.
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Last
$2.96 |
Change
-0.100(3.27%) |
Mkt cap ! $558.2M |
Open | High | Low | Value | Volume |
$3.08 | $3.08 | $2.96 | $1.630M | 544.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 13888 | $2.96 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.00 | 2552 | 4 |
View Market Depth
No. | Vol. | Price($) |
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3 | 13824 | 2.960 |
10 | 36961 | 2.950 |
2 | 7143 | 2.940 |
1 | 61 | 2.930 |
3 | 2220 | 2.920 |
Price($) | Vol. | No. |
---|---|---|
3.000 | 2169 | 1 |
3.010 | 3400 | 2 |
3.060 | 6667 | 1 |
3.100 | 250 | 1 |
3.120 | 6536 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.96 |
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Change
-0.100 ( 3.33 %) |
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Open | High | Low | Volume | ||
$3.05 | $3.05 | $2.96 | 98253 | ||
Last updated 15.59pm 03/05/2024 ? |
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