It's about volatility. Shorters feed on volatility, but they can come unstuck when sentiment changes and the SP stays above the price that they last sold the borrowed stock for and they have to buy it back. That's the dangerous territory some of them are in right now.
Ann: Galaxy to sell SDV northern tenements to POSCO for US$280M, page-138
-
- There are more pages in this discussion • 262 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)