But you are reading my comment and replying/thinking within the confines of said shorts. These past few weeks I've seen big fish single buyers between 200,000-600,000 per purchase (for you newbies out there 200k of shares means that for every 0.001 rise they make $200.)
Anything above 400k is rather a large investment for a single person.
People need to stop looking at the price and do some tape reading.
Even a few weeks ago there was a single purchase at end of auction for 3mil (thats $3k per pip/0.001, from a single trader).
I'm not telling people to buy, I'm just pointing out some stuff.
88E does has a HUGE market cap.... from my exp (which could be wrong), shorters tend to "buy" big and sell as close as possible to the downtrend. Also when shorters want to purchase, they will show up on the bid/ask as a "SELL".
So if the sell side is really fat, it might actually a be large amount of shorters (who dont even hold the stock) that are making it look like people are trying to sell/get out. I hope I have explained this properly.
Please DYOR on short selling but it will blow you mind when looking at the stock market with fresh eyes.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $72.33M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $31.76K | 15.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 14573501 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 473268494 | 221 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 14773501 | 0.002 |
237 | 977856209 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 551270893 | 224 |
0.004 | 276779861 | 102 |
0.005 | 111579541 | 42 |
0.006 | 36092900 | 34 |
0.007 | 24363917 | 21 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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