That is not actually true, although this bloke's attitude sounds like it leaves much to be desired. Going long or short is a market mechanism that provides liquidity in a stock and is perfectly legal and desirable. It really boils down to whether or not you are on the right side of any trade. Shorters can lose as easily or gain as easily as the longs. Remember, the market always has the final say on where a company ends up share price wise. Shorting stocks brings out unbelievably emotional reactions, BTW i do not short stocks, but one way bets will eventually drive all liquidity out of the market. NOTHING goes in one direction forever. Jobs are lost for one simple reason company-wise, they are not profitable, or are heading that way in a hurry. You do not get rid of staff who are helping you to continue to be profitable. Common sense. Too much leverage will sooner or later destroy you. Not leverage, too much leverage. Does FMG have too much leverage? We will have to wait for the verdict, right now FMG is in the dock.
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Last
$18.63 |
Change
0.320(1.75%) |
Mkt cap ! $57.36B |
Open | High | Low | Value | Volume |
$18.48 | $18.77 | $18.35 | $132.7M | 7.156M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26 | $18.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.64 | 7889 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26 | 18.620 |
1 | 30 | 18.610 |
3 | 6026 | 18.600 |
1 | 100 | 18.590 |
3 | 2686 | 18.570 |
Price($) | Vol. | No. |
---|---|---|
18.640 | 7889 | 2 |
18.650 | 600 | 2 |
18.660 | 1071 | 1 |
18.670 | 21539 | 3 |
18.700 | 51814 | 6 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
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