short selling sucks but I do it......the big insto's totally drive this market in cycles with shorts a major part of it and I ain't willing to hold the vast amounts of capital in long positions. intead trading on the cycles with cfd's is not particularly capital intensive. I think since comsec brought a cfd platform to market this year it's only going to be more prevalent. get on board I reckon as the volatility is going to increase making short term gains easier.
lets also not forget the IO price is a really grey area atm. could head anywhere this year.
short selling sucks but I do it......the big insto's totally...
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |