Thanks Bacon......its your opinion and you are entiitled to it.
Shorting I believe is bad because it is an aggressive form of selling down and attracts mostly our "downramper" types! look at the phycology of the downrampers on our forum. Case example!
If a stock is overbought it will naturally adjust to the market perceived price through normal sellers. Stocks don't need excessive selling forces.
Another point is this. Most of Retail which is normal mums & dads types will never do shorting nor could they as it is restricted in most cases!
Shorting is really a financial tool exclusively for the professional financial types especially the Insto's etc and is a method designed to aggressively run down stocks while profiting from the Retail which is caught in its net.
In other words it is another financial tool to transfer wealth from Retail to Insto's. This is why it should be banned.
And because most Retail cannot participate in Shorting it is therefore not a level playing field, yet again.
Yak52
BRN, page-19
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
|
|||||
Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $342.8M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.0¢ | $737.6K | 4.203M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
69 | 1587304 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 213251 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
61 | 1360417 | 0.170 |
42 | 704394 | 0.165 |
64 | 1394316 | 0.160 |
22 | 951201 | 0.155 |
65 | 1747465 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 116715 | 2 |
0.180 | 1076124 | 22 |
0.185 | 880560 | 25 |
0.190 | 1431809 | 21 |
0.195 | 984971 | 15 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |