RE: Few sellers down here, valuation metrics on floor10 Jan 2025 12:28
Dont look into buyers /sellers.. The hedge funders who are short may change this at any time. They communicate with each other behind the scene.. When one closes part of their position, another one opens short .. So both of them make huge money that way.. . That's what its been happening right now. At around 31p, one of them closes their short and then when it hits 32p and above, other one opens short! This is what will happen when company releases poor updates! Hedge funders take control and destroy the share price completely!