If just suspended, can still trade off market though the spreads much higher and available volume much lower. The trade closed by buying and often some sellers.
If VA, similar but can be a quite a mess until clear what result is, and there are holding costs meantime. These costs though usually more than compensated by the high likelihood price eventually ends at zero.
Contrary to Mr Skippen's complaints:
- shorters small % total sales, so marginal affect price
- and of course have no influence whatsoever on management or news flow or fundamentals, all of which ultimately determine price
If you're bullish a stock, all shorters do is provide you a small service of being able buy slightly lower price. This service has been provided @SGH - at more or less the availability of borrow limits, from time to time - since high $7 range. Longs bullish should be grateful the service
SGH Price at posting:
83.0¢ Sentiment: Sell Disclosure: Not Held
