GXY 0.00% $5.28 galaxy resources limited

The act of shorting drives the SP down. More shorting, the more...

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  1. 4,859 Posts.
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    The act of shorting drives the SP down.
    More shorting, the more the SP will fall.

    On the other hand UBS might be expecting GXY SP to rise in the LT, so they allow people/clients to short sell knowing full well their clients will lose money on the trade.

    Like you said, this is how they make money
 
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