Hey RICH, I know plenty of guys who short stocks all the time, they usually make more money on short's they do going long.
I don't agree with the tactics they use, feeding fear into the market's with no regard to ethics. For sure they manipulate closing prices to have their margin appear more favorable, it's quite an easy thing to do by judging pre-market buy Vs sell ratio, only takes 1 extra share on close.
CFD's are a tricky deal if you're not careful, some shorters will do what ever they can to create the illusion of weakness. Personally, I would love shorts to be banned but I doubt that will ever happen.
Anyways, it was just my observation with ABU. I could be wrong but there was some obvious manipulation going on.
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