Maybe the stock is being shorted just because it's easy to do so.
High SOI, no revenue, retail fears (overall economy, dropping SP, etc), volatile market (one report by a company known to manipulate markets managed to bring it all down only months ago).
Shorting is a gamble, and they gamble that they can do enough to drop the SP in order to collect profits on their shorts. They they can do enough to raise the SP, and do it all again.
Maybe the stock is being shorted just because it's easy to do...
-
- There are more pages in this discussion • 50,552 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.6¢ | 3.4¢ | $1.045M | 30.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 6626644 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 4433680 | 15 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |