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.
It is interesting to read about short selling. A view yesterday...
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Last
$42.36 |
Change
-0.420(0.98%) |
Mkt cap ! $9.753B | |||
| Open | High | Low | Value | Volume |
| $42.77 | $42.90 | $42.36 | $30.23M | 689.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 72 | $42.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.55 | 450 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RHC (ASX) Chart |