BET 11.8% 8.5¢ betmakers technology group ltd

GET Excited BETalians!!!!!, page-1009

  1. 1,351 Posts.
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    Just for context, people do realise that ST traders switch between short side / long side on daily basis, sometimes multiple times a day let alone algorithmic software that does it on micro levels many multiple times per day whilst playing with market makers.

    Large singular long held short positions would be incredibly unlikely/very minimal at best in a stock such as this. The R/R for a long held large short position would be blown out on any news and they wouldn't have the volume /parameters to cover their position or manage risk in any meaningful way whatsoever. At the top end of town, it is all about risk management. There are many many rules to enforce it.

    Those large short positions based on wobbly FA is more for the very liquid much much larger stocks.

    In the case of BET, the decent short positions at the moment are simply lower end and cumulative rather then anyone from a large insto 'knowing something'. Short side seems a little scary for newer people /casual observers in the market to understand but don't fool yourself into thinking they have the magic sauce and on the whole have anymore ability or access to knowledge then the average punter.

    Hope that helps.

    IMO DYOR
 
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Last
8.5¢
Change
0.009(11.8%)
Mkt cap ! $82.03M
Open High Low Value Volume
7.8¢ 8.8¢ 7.8¢ $233.6K 2.816M

Buyers (Bids)

No. Vol. Price($)
2 20823 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 99999 1
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Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
BET (ASX) Chart
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