The poster who thinks he's kennethgalbraith is a smart promoter of short selling imho. He cleverly draws attention to reasons for why the RMD sp is going south and I'm no expert but it seems obvious what's going on. Given the extraordinary drop in the RMD sp coinciding with the big rise in % short sales, it is more than likely that there's a well organised (behind the scenes broker promoted) short selling campaign, specifically targeting RMD. As I posted before, why has the RMD sp suffered so drastically when FPH has not been adversely impacted when both RMD and FPH are facing the same threats from GLP-1 drugs? kennethgalbraith didn't answer this in my earlier post. To borrow/sell high and then buy low is an easy winning strategy, when ongoing negative sentiment is assuring that a stock's sp continues to slide. Good luck to them.
Two quotes from the real John Kenneth Galbraith that I like
In any great organization it is far, far safer to be wrong with the majority than to be right alone.
We all agree that pessimism is a mark of superior intellect.
The poster who thinks he's kennethgalbraith is a smart promoter...
Add RMD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$32.91 |
Change
-0.050(0.15%) |
Mkt cap ! $20.43B | |||
| Open | High | Low | Value | Volume |
| $33.08 | $33.27 | $32.84 | $53.41M | 1.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2687 | $32.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.00 | 1249 | 35 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$32.97 |
Change
-0.050 ( 0.15 %) |
||||
| Open | High | Low | Volume | ||
| $33.09 | $33.25 | $32.85 | 298626 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| RMD (ASX) Chart |