Cumulative shorts as at 6/2 went up......There is a squeeze coming for someone....question is who.
What is the market consensus for the expected result?? If it comes in above that, then a % of the shorts are in lotsa pain. If it comes in below 'market' consensus then it will drop initially big time as the shorts cover.
If JH decides to borrow against stock rather than sell the shorts are screwed and we will get an upward gap, (followed by profit takers) . If she sells then the price will go down by an equivalent amount as last time and create a downward gap.
Cumulative shorts as at 6/2 went up......There is a squeeze...
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Last
$5.60 |
Change
-0.050(0.88%) |
Mkt cap ! $3.808B | |||
| Open | High | Low | Value | Volume |
| $5.62 | $5.68 | $5.55 | $2.966M | 528.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 19295 | $5.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.60 | 533 | 3 |
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| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| A2M (ASX) Chart |
