W_Sam, different people short for different reasons i would guess.
Some do it cause they can and they have the ability to make money from it. They can do it with a bad stock or a good stock currently viewed bad by the market due to different factors - micro, macro environment, temp. short med. term debt issues etc etc..there are those who like to short a very good, but out of flavour, stock; driving it to a profitable level and then taking a long position on it because they know its going to rebound. Numerous ways to play this game..
chill and enjoy the thrill.., page-21
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Last
$7.29 |
Change
-0.050(0.68%) |
Mkt cap ! $2.180B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.47 | $7.14 | $32.63M | 4.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9130 | $7.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 7340 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |