"Meanwhile, the shorters will be the vast majority of "traders" and do the most, sometimes all ,"trades", which, in reality, is just washing their own shares and those that they have borrowed and MUST return. AND picking up pip profits every day!!!"
Not a coincidence that in the 11 "trading" days in January, the SP has fluctuated with a total of "losses" of 13.75% and the "gains" improving by 15.25%, Plus 1.5%
The SP has risen from 0.80 to 0.81 yesterday, yep, around 1.25%. The LKE "market" is being tightly strangled, algorithmically, within that range, with the shorters, profiting by those meagre margins.
Are they so desperate, or, greedy, and how long can they survive the inevitable pressure? Simply not worth the stress.
The rules regulating shorting in Australia are FAR too liberal and discriminating in their favour. Initial selling prices, time limits, must be imposed to make it transparent for the who market. At the moment, shorters have the opportunity to totally control their respective markets and they ARE!!!.
- Forums
- ASX - By Stock
- LKE
- LKE towards TOP-5
LKE towards TOP-5, page-18451
-
- There are more pages in this discussion • 5,691 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKE (ASX) to my watchlist
|
|||||
Last
3.7¢ |
Change
-0.002(5.13%) |
Mkt cap ! $61.73M |
Open | High | Low | Value | Volume |
3.8¢ | 4.0¢ | 3.7¢ | $92.45K | 2.407M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 735921 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 371214 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 715921 | 0.037 |
14 | 853798 | 0.036 |
14 | 1036953 | 0.035 |
13 | 860267 | 0.034 |
23 | 1242642 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 218067 | 3 |
0.040 | 613843 | 5 |
0.041 | 515143 | 4 |
0.042 | 1386351 | 9 |
0.043 | 828883 | 6 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |