No, the whole idea of shorting is to profit on falling markets. Shorters are not responsible for prices going down (a common misconception), they are simply profiting on it. Only dumb investors are negatively impacted by this practice, as no smart investors would sell or buy based on what other investors are doing. So I would say that statement is pretty spot on...
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LYC
lynas rare earths limited
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1.43%
!
$9.20

No, the whole idea of shorting is to profit on falling markets....
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Last
$9.20 |
Change
0.130(1.43%) |
Mkt cap ! $8.596B |
Open | High | Low | Value | Volume |
$9.06 | $9.31 | $8.96 | $20.49M | 2.226M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5955 | $9.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.21 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5955 | 9.170 |
1 | 1200 | 9.160 |
3 | 556 | 9.150 |
1 | 10637 | 9.140 |
1 | 3000 | 9.130 |
Price($) | Vol. | No. |
---|---|---|
9.210 | 1000 | 1 |
9.230 | 25573 | 3 |
9.240 | 14854 | 2 |
9.250 | 22687 | 6 |
9.270 | 15137 | 2 |
Last trade - 16.19pm 26/06/2025 (20 minute delay) ? |
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