you make very valid points.
they are all in each others pockets, conflicts of interest are everywhere.
unfortunately shorting has created a beast that will never be tamed, taming it will see several other big boys suffer, such as the point you make about the ASX.
Then we have those arguing that shorting is better for markets, many moons ago before shorting started the markets operated just find by themselves, end of the day you have buyers and selling's, supply and demand has been working in economies for hundreds of years.
end of the day us retail investors don't stand a chance, all we can do is be cognisant of these crooks and invest with this in mind. For example what I am personally doing, as hard as it is, ignoring all the BS noise and scaremongering media articles and hanging onto my shares until they reach a level where I decide to cash in some profit or perhaps sit on them and collect dividends or perhaps even sell covered calls on them.
alternatively we can try and invest in stocks that are less popular amongst big boy shorters, however that can also come with its challenges, for example the likes of CBA was near 100 bucks not that long ago to now have lost near 30% of its value.
anyway that's enough from me, its getting close to beer o'clock.
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$17.19 |
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-0.310(1.77%) |
Mkt cap ! $52.92B |
Open | High | Low | Value | Volume |
$17.48 | $17.49 | $17.14 | $145.4M | 8.437M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 6768 | $17.17 |
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Price($) | Vol. | No. |
---|---|---|
$17.23 | 18774 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 6768 | 17.170 |
3 | 74133 | 17.160 |
18 | 18540 | 17.150 |
8 | 6325 | 17.140 |
2 | 2166 | 17.130 |
Price($) | Vol. | No. |
---|---|---|
17.230 | 18774 | 1 |
17.240 | 21837 | 2 |
17.250 | 1040 | 2 |
17.260 | 28237 | 3 |
17.270 | 1393 | 3 |
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