ddrinkal,
Are retail investors in a position to play the market in this fashion? I think you have to be nuts to try playing the game this way as you may be making free cash at the expense of everybody else buying the stock. Eventually won't this method blow up in your face if there is a rise in the price over the next few months? You say you can cover and buy the stock back but what if you have to pay higher prices to get it back? doesn't it defeat the purpose? since when did the sharmarket turn into a casino? if you play in a casino long enough you know you'll end up losing it so I can't see how it's meant to benefit those who use these products.
of course if your a hedge fund or big investor and have the back up like creating phantom shares to sell you can play the game like this but how does the average joe succeed doing it?
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Last
$1.48 |
Change
0.010(0.68%) |
Mkt cap ! $180.0M |
Open | High | Low | Value | Volume |
$1.47 | $1.48 | $1.47 | $25.43K | 17.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6258 | $1.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.48 | 1001 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6258 | 1.475 |
1 | 500 | 1.450 |
2 | 5532 | 1.415 |
1 | 250000 | 1.410 |
1 | 15000 | 1.360 |
Price($) | Vol. | No. |
---|---|---|
1.480 | 1001 | 2 |
1.490 | 11000 | 1 |
1.560 | 17885 | 2 |
1.700 | 1146 | 1 |
1.900 | 2631 | 1 |
Last trade - 15.03pm 12/09/2024 (20 minute delay) ? |
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