Shorting SGH appears to me to be a no brainer. I'm guessing it will end up at 5c or less.
Can anyone tell me how to go about doing this on ETrade, CommSec or though IG's CFDs, ETOs etc.
I'm thinking about a relatively small punt (max $10k) - not sheep stations.
Secondly, is your max loss limited to the amount of your punt or is it limitless? E.g. what happens if it goes into VA, Suspension etc and you can't buy back the shares that you have effectively borrowed.
Appreciate some feedback if anyone knows how it works (in practice).
SGH Price at posting:
9.0¢ Sentiment: Sell Disclosure: Not Held
