Competition to gpro, but dji buys chips from amba, specially this for ground cameras. More sales to amba, less dependant on gpro.
1.- Low volume on the stock.
2.- Big spread on the pps
3.- Pps linked to nasdaq
Is it good or bad?
Now that volume is low, it would be harder for shorts to cover, but maybe they dont want to cover. They are expecting lower price. So right now, is up to the markets..........
as of sept 15. volume is low, spread on price is bigger than usual. shorts have been covering, but not too many. the problem is that there is no real buying interest, no funds jumping in.
What is needed so funds buy amba?