You are right that any short can be caught in a squeeze ... but then again aren't the longs caught now too? I was just trying to point out the sort of things that are happening .. I am not personally involved and could never impact a share as liquid as LGL (of course) ... but more thinly traded stocks are a possibility even for small time traders.
You are right that the market is similar to a casino but unfortunately it is the long buy and holders who it is rigged against.
The point of my original post is that if a small time retail investor can push stocks around using 2 retail accounts ... imagine what the big boys can do when they work together.
shorting: asx surveillance and price action, page-19
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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
| Last trade - 15.03pm 12/09/2024 (20 minute delay) ? |
| LGL (ASX) Chart |