Excuse my ignorance, surely it all sorts itself out in the end.
The shorters eventually need to close out ie buy. So when they close out they are creating an artificial demand. I do understand there are differences on a day to day basis, but surely over time it balances out.
As an example if the news from SE and Walyering are positive in time the company fundamentals will win, ie the share price will go up.
Lots of people are going to tell me I am wrong, however my ignorant view is it will sort itself out.
shorts, page-485
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 22.0¢ | $662.4K | 2.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1619370 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 540792 | 8 |
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