It is interesting to read about short selling. A view yesterday was it is an insurance policy to unrealized protect gains. In that way if can be a useful tool. Conversely when shorting is used as a gambling tool is gambling.
I sold RHC once- cost me a few months of the ongoing growth. Assuming some shorters saw the (incorrect) advice to sell as a opportunity anyone shorting at the time could have lost a lot more than I did.
RHC is steady and ready to climb again. Either way it is a long term hold not a gambling toy for this black duck.
Downward trend confirmed., page-3
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Last
$40.80 |
Change
0.600(1.49%) |
Mkt cap ! $9.373B | |||
| Open | High | Low | Value | Volume |
| $40.49 | $41.03 | $40.34 | $32.48M | 796.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13 | $40.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.83 | 610 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RHC (ASX) Chart |