PGL 0.00% 44.5¢ prospa group limited.

getting slaughtered, page-3

  1. 829 Posts.
    probly a stock which is being shorted the most of any on the asx at the moment you would think.

    i dont understand fully how short selling works.

    but say i wanted to SHORT PGL would I be looking at the same MArket depth as if i was wanting to buy?

    I have activate a short sell trade, are the shares purchased taken off the market. effectively like owing them.

    E.g if there are 100 shares on offer at 4.50 and i want to short PGL at $4.50 with 50 shares.

    would there then be 50 shares on off to buy and short sell...

    my thinking is effectively... if PGL gets to a stage where there are so many punters going SHORT. at some point the buyers come back in where they think its good value, meaning with everyone being in a short position there are very few people selling.. so the price rises, cause of the low supply of shares..

    is that how it works...

    not sure?
 
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