“if a person thinks a stock has run completely on baseless hype and dizzying valuations (or whatever other catalysts or thesis they may have. Then if they are prepared to invest their own capital to trade against the stocks position, then so be it. ”
This statement defines the movement of many stocks under $5 per share including startups, that’s why a higher base of $20 per share with a higher and safer MC for shareholders should be applied to shorting.
It is very unethical to want a company to fail for your financial benefit along with bots and algorhythmic software identification.
The excuses of corrections is lame.
Legislation Against Shorting Australian Companies Under $20 Per Share, page-20
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$3.02 |
Change
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Mkt cap ! $3.942B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.11 | $2.97 | $35.19M | 11.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 141666 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 47755 | 4 |
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