Excellent point!!!!!
Even Banks have a loan to value ratio for each stock that is purchased with the Bank's participation.When markets drop as is the case now,the Banks have a right(that's the fine print you sign off against without reading).
Quite definitely whichever Bank/Institution (GS e.g.) has lent the shares to a client at xxxx rate will immediately escalate that lending rate -OR reclaim the lent shares .
It follows that shorters will be feeling the heat from both ends - THE BANKS AND THE MARKET. How nice! let them get a taste of the real fricking world like we do, instead of having a laugh and a free ride.
Simply put,if the Bank is chasing you day and night to force sell OR COUGH UP MORE CASH,quite a few who are overstretched will do so!!!!!!!
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2.7¢ |
Change
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Mkt cap ! $277.9M |
Open | High | Low | Value | Volume |
2.7¢ | 2.8¢ | 2.7¢ | $128.7K | 4.697M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
72 | 10350722 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 4225000 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
70 | 10101908 | 0.027 |
45 | 6806253 | 0.026 |
50 | 4907654 | 0.025 |
19 | 5454260 | 0.024 |
7 | 5323955 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 4153314 | 22 |
0.029 | 8627812 | 23 |
0.030 | 11811918 | 32 |
0.031 | 8788900 | 14 |
0.032 | 6057712 | 25 |
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