Yeah, my point is there is a (very?) small probability that this could go over $2 dollars, why would you expose yourself to such a risk given that it would probably ruin you, even though the probability is small. I see spec stocks as betting penny's to win dollars, shorting a stock like this now is like betting dollars to win penny.
While I have no special insight on this, perhaps their is an automated strategy out there to short sell winning stocks and buy up loosing stocks, a sort of mean -reversion bet trade. Not smart to leave the computer running over night in this case me thinks!
Yeah, my point is there is a (very?) small probability that this...
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $478.3K | 3.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6210 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 482885 | 6 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |