You are correct @gottalove
Thats why when a stock is heavily shorted and then it goes for a run, a lot of buying takes place (or short covering) which charges the SP even more.
I usually have one short in my portfolio, a bit like hedging your bets.
Ann: Dorado-3 Drilling Update, page-68
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $200.6K | 1.232M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 145000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1260877 | 11 |
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| CVN (ASX) Chart |