FMG 2.21% $16.66 fortescue ltd

Shorting as a practice alone is not immoral. There is nothing...

  1. 188 Posts.
    lightbulb Created with Sketch. 62
    Shorting as a practice alone is not immoral. There is nothing wrong with me taking an opinion that the price of something will go down and take action on that.

    The issue with shorting is the spread of misinformation that is often associated with it to assist in driving the price down. That's the part that needs to be regulated and enforced.

    But if you want to regulate the shorting side for those practices, the exact same needs to happen for longs who spread wildly overly optimistic opinions and factually incorrect calculations and crazy forecasts to help build positive momentum in a company they own.

    Same both ways in my opinion.

    Now when it comes to opinions or "pumping" or "down ramping" something like the IO price, then who cares, because no matter what people do on here or any forum, it has no influence whatsoever on the IO price and how it effects the companies involved in IO.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$16.66
Change
0.360(2.21%)
Mkt cap ! $51.29B
Open High Low Value Volume
$16.50 $16.74 $16.31 $150.0M 9.072M

Buyers (Bids)

No. Vol. Price($)
1 600 $16.65
 

Sellers (Offers)

Price($) Vol. No.
$16.67 40000 1
View Market Depth
Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.