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
$44.42 |
Change
0.360(0.82%) |
Mkt cap ! $10.20B | |||
| Open | High | Low | Value | Volume |
| $44.25 | $44.61 | $43.95 | $12.38M | 279.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1509 | $44.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.49 | 52 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RHC (ASX) Chart |