For those who don't think there's been any real impact from shorting. Here's the latest chart showing increase since May (when there was basically no shorting on the stock at all). NB this doesn't show the big increase expected after the announcement on Friday (we'll only see that in a couple of days' time) which has pushed the price back down.
The 61Financial chart hasn't updated today, but you can see the massive increase post the SKYT announcement on the 9th of September and how the share price and shorting have been pretty perfectly correlated since then (as you'd expect). Eventually they will run out of stock to borrow and shorts will stop growing (assuming nothing else forces them to cover in the meantime). This could still be months away (who knows) but the more they short, the more dangerous is becomes for them, and the cheaper it becomes to accumulate for the rest of us. You could argue they are doing accumulators a big favour at the expense of short term traders (or long term holders that wanted to sell now)...
- Forums
- ASX - By Stock
- WBT
- Short data on WBT
Short data on WBT, page-382
-
- There are more pages in this discussion • 2,079 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 WBT (ASX) to my watchlist
|
|||||
Last
$2.02 |
Change
0.030(1.51%) |
Mkt cap ! $385.3M |
Open | High | Low | Value | Volume |
$1.99 | $2.04 | $1.97 | $479.7K | 240.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2694 | $2.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.03 | 5844 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 3158 | 2.020 |
10 | 11073 | 2.010 |
14 | 33409 | 2.000 |
2 | 2838 | 1.995 |
5 | 8887 | 1.990 |
Price($) | Vol. | No. |
---|---|---|
2.030 | 5887 | 7 |
2.040 | 5413 | 8 |
2.050 | 4420 | 3 |
2.060 | 28280 | 4 |
2.070 | 40000 | 2 |
Last trade - 11.40am 19/08/2024 (20 minute delay) ? |
Featured News
WBT (ASX) Chart |