QHL 6.58% 40.5¢ quickstep holdings limited

Fun and games... mark show me profits

  1. 1,402 Posts.
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    Check out the first order.  Someone is pushing south... the game has been on for a while, but maybe we are reaching a new phase.  Until he pulls that rabbit out of his hat.  It will trade lower.

    http://www.investopedia.com/university/shortselling/shortselling1.asp

    While investors go long in expectation that the stock will appreciate in price, traders go short in anticipation that the stock will tumble. As noted earlier, short selling makes it possible to sell what one does not own. The short seller achieves this by borrowing the stock from a broker, and immediately selling the stock at its current market price, with the sale proceeds credited to the short seller’s margin account. At a future point in time, the short seller will cover the short position by buying it in the market and repaying the loaned stock to the broker.
    The difference between the sale price and the purchase price represents the short seller’s profit or loss. Let’s assume you short 100 shares of hypothetical stock ABC at $10 per share; after a period of time, the stock has declined to $5, at which point you buy it back. Your gross profit on this short sale is thus $500 ([$10 - $5] x 100 shares). Your net profit will be lower, owing to the costs involved with short selling.
    What are these costs (apart from the obvious one, trading commissions)? Margin interest, for one, which is the interest paid on the margin debt incurred for the short sale (explained in the next section). Then there’s the actual cost to borrow the stock, which can be quite high for stocks that are heavily shorted or difficult to borrow. Plus the short seller also has to pay the lender of the stock any dividends or rights declared during the course of the stock loan.

    Read more: Short Selling: What Is Short Selling? http://www.investopedia.com/university/shortselling/shortselling1.asp#ixzz4tvINJ1D1
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Last
40.5¢
Change
0.025(6.58%)
Mkt cap ! $29.04M
Open High Low Value Volume
39.0¢ 45.0¢ 38.5¢ $294.9K 703.8K

Buyers (Bids)

No. Vol. Price($)
1 5000 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 6875 1
View Market Depth
Last trade - 15.55pm 26/07/2024 (20 minute delay) ?
QHL (ASX) Chart
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