It is interesting to read about short selling. A view yesterday was it is an insurance policy to unrealized protect gains. In that way if can be a useful tool. Conversely when shorting is used as a gambling tool is gambling.
I sold RHC once- cost me a few months of the ongoing growth. Assuming some shorters saw the (incorrect) advice to sell as a opportunity anyone shorting at the time could have lost a lot more than I did.
RHC is steady and ready to climb again. Either way it is a long term hold not a gambling toy for this black duck.
Downward trend confirmed., page-3
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Last
$47.18 |
Change
0.590(1.27%) |
Mkt cap ! $10.83B | |||
| Open | High | Low | Value | Volume |
| $46.21 | $47.18 | $46.11 | $25.88M | 554.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 473 | $47.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $47.18 | 1951 | 3 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| RHC (ASX) Chart |