Share
2,684 Posts.
lightbulb Created with Sketch. 305
clock Created with Sketch. 06/12/23
22:23
Share
Originally posted by digital_sushi:
↑
brokers purchase shares in order to offer them to retail clients or institutions to short the stock. i.e downward pressure on SP. it effectively allows you to borrow the stock on the sell position its earning money when the SP falls. my guess is that the buying volume is from brokers anticipating a bad result from the trial. where a verdict is scheduled on december 16.
Expand
Verdict wont be on the 16th. It's just the end of trial. The judgement might be reserved for later in the new year.
Last edited by
Raeman :
06/12/23
(20min delay)