NEA 0.24% $2.08 nearmap ltd

NEA going gangbusters, page-134

  1. 1,214 Posts.
    lightbulb Created with Sketch. 116
    You typically won't find much shorting on a stock like Nearmap because:

    1. It's too small mcap so it's hard to get the borrow to short in the first place.
    2. Any news of a contract/update can send the thing skyrocketing which could instantly close a short
    3. It's quite tightly held by people like Ross Norgard and others so a lot of people would sway the price too much when opening/closing their positions.
 
watchlist Created with Sketch. Add NEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.