no the way it works is the shorters lock in the profits of the insto that bought lower, vs the insto that short sold higher say 2+ vs 86c (buyer) like i think MS was, that way both are happy, and the parasites( shorters) can buy back without undoing the damage they have done to the share price by buying back on-market.
This tactic allows them to cash in a massive amount of short sold shares without increasing the share price 5 fold, unfair tactic? immoral? yep that's why i enjoy hearing when JP Morgan and the other bastards incur massive trading losses.
no the way it works is the shorters lock in the profits of the...
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Last
$5.95 |
Change
-0.030(0.50%) |
Mkt cap ! $5.561B | |||
| Open | High | Low | Value | Volume |
| $5.96 | $6.00 | $5.93 | $10.85M | 1.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19331 | $5.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.96 | 32024 | 7 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |