I sometimes think people don't understand that there is other trading strategies than just taking a long position and holding for the long term. YOW is a volatile stock with reasonably broad daily price movements and relatively frequent announcements that have had large impacts on the price. Traders are going to be in and out of a stock like that.
There are no short positions reported against YOW. And if traders want to sell YOW in the hopes that they can pick the shares up later at a cheaper rate, seems like an entirely legitimate trading strategy to me. If some YOW holders panic and start dumping shares because a 20 share algo trade hits a new low, that's their problem.
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.192M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 50000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 0.026 |
1 | 37663 | 0.025 |
4 | 143494 | 0.023 |
1 | 45499 | 0.022 |
1 | 95383 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 50000 | 2 |
0.029 | 156545 | 1 |
0.030 | 38056 | 1 |
0.034 | 19500 | 1 |
0.036 | 333333 | 1 |
Last trade - 16.12pm 23/07/2024 (20 minute delay) ? |
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YOW (ASX) Chart |
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