How does that cause the price to go down? Is it more likely that...

  1. 14,969 Posts.
    lightbulb Created with Sketch. 1674
    How does that cause the price to go down? Is it more likely that they are expecting the price to go down and they are advantaging themselves from it? If they are wrong, they lose big time.

    Furthermore, if they do borrow, at some point they will have to either either find stock to replace it (which in the stuff of legends will cause a squeeze, they get burned and lo and behold shorters have caused the price to go up lol) or close their position.

    Perhaps a lot of people selling caused the price to go down and shorters had nothing to do with it?
 
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(20min delay)
Last
$3.03
Change
0.080(2.71%)
Mkt cap ! $3.921B
Open High Low Value Volume
$2.98 $3.05 $2.92 $73.33M 24.56M

Buyers (Bids)

No. Vol. Price($)
4 152664 $3.02
 

Sellers (Offers)

Price($) Vol. No.
$3.03 126882 2
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Last trade - 16.17pm 27/06/2025 (20 minute delay) ?
ZIP (ASX) Chart
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