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54.5¢ slater & gordon limited

The best way to short SGH would have been a couple of years ago...

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fasthit

287 Posts.

06/05/17

01:55

Post #: 24512454
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Originally posted by drbrooks ↑

Hi all

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).

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The best way to short SGH would have been a couple of years ago @ around $8 per share. It's like asking how to to char-grill a steak that has already been cooked to oblivion! The mind boggles!!!!

SGH Price at posting: 9.0¢ Sentiment: Hold Disclosure: Held
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