"Shorting is a bet on the direction of a share price".
YES, you have nailed it, it is gambling, and gambling should be restricted to bookmakers and casinos.
You cannot short a house
You cannot short a motor car
You cannot short artwork
You cannot short land
You cannot short boats and yachts
All of the above are investments just like shares, so why are shares allowed to be shorted.
PNV - Banter and General Comments, page-11590
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Last
$2.52 |
Change
-0.070(2.70%) |
Mkt cap ! $1.740B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.61 | $2.47 | $3.489M | 1.379M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3841 | $2.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.54 | 9238 | 2 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| PNV (ASX) Chart |