Oh yeah for sure. Yes i have a few shorts on this one. But only on the rallies.
Around the $45 is my shorting level. That said i have to be careful. As this stock is so ramped and suported, you just never know when and where the top is going to be. To many people have bought into the brokers hot air and hype that it is a good buisiness to invest in. It may have been at 75c, but not at $45. When will it fall, i have no idea, how long is a piece of string.
I do know that it is overvalued fundamentally and techincallym, and looking for a first move to $25. You just have to get set at the right level and wait for the collapse. Cheers.
Ann: REA Group Q1 FY2015 financial information released, page-32
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Last
$201.44 |
Change
1.020(0.51%) |
Mkt cap ! $26.61B | |||
| Open | High | Low | Value | Volume |
| $201.59 | $202.00 | $199.94 | $24.74M | 123.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39 | $201.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $201.44 | 33 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| REA (ASX) Chart |