Hi Phantom. Just to confirm your case for a front-end loader,...

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flight11

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13/07/21

13:28

Post #: 54467366
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Originally posted by PhantomGWW ↑

Hi flight11- some one recently mentioned that those shorting may be carrying their 'go nads' around in a wheelbarrow ??

Me thinks at this point in time a 'front end loader' may be more appropriate.

I was once a Designated Trader for a Broker and with one slip - took a duplicate order-a small quantity- to sell . ( one had been on market for a month- I did not research enough -a deadly sin -silly me) .The stock showed a little interest and both sold about 5 minutes before market closing... I tried to cover even after hours and of course word got around and it cost me $5k+ -out of my own pocket... Had to report a short sale to the ASX etc etc ... a scary situation...A real 'underwear changing' situation----That stock was a super minnow compared to AVR.... but an example of what can happen if one 'short sold'. Mine was an error - seems current shorts are deliberate.
.
Also there was expected announcement on the stock I was involved in.

They are not playing with fire - they are playing 'Russian Roulette' with 2 bullets in the chamber. My opinion of course - Wonder who, if anyone is advising them . Also wonder who allowed the shorting. Not all Brokers will go with shorting.

From my research and understanding WBT could call a Trading Halt at any time - bingo........ Oh well hope they have deep pockets.... and also wonder what they set their -falling market- 'buy in' price at . ? When one looks at the monthly high/low price there is little room for profit v risk ?

An example - you short say 100,000 at $1.80 =$180,000. Trading Halt --- and super news --- stock opens at $ 3.00 = a possible loss of $120,000
-- that is if you can get the stock to cover your short position........There is no limit as to what you can loose

All IMHO -

I smell burning rubber.

Keep safe

.

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Hi Phantom. Just to confirm your case for a front-end loader, the shorts are now up to 441,530. To put that in perspective, the whole buy queue is only just over 490,000 shares.
That is one (or more) very gutsy shorters. The burning is likely to be spectacular and we can enjoy every second of watching it. The fire brigade need not attend.

WBT Price at posting: $1.78 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.01		Change -0.050(2.43%)		Mkt cap ! $381.3M

Open	High	Low	Value	Volume
$2.08	$2.10	$1.96	$896.2K	442.3K

Buyers (Bids)

No.	Vol.	Price($)
1	34	$2.01

Sellers (Offers)

Price($)	Vol.	No.
$2.02	3273	1

View Market Depth

No.	Vol.	Price($)
1	34	2.010
1	12129	2.000
3	4295	1.990
4	6542	1.985
1	2145	1.980

Price($)	Vol.	No.
2.020	3273	1
2.030	3860	2
2.040	5360	2
2.050	2860	1
2.070	44000	4

Last trade - 16.10pm 14/10/2024 (20 minute delay)

WBT (ASX) Chart

Hi Phantom. Just to confirm your case for a front-end loader,...

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Hi Phantom. Just to confirm your case for a front-end loader,...

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