"This is a game of Musical Shares when the music stops someone who is short is going to cop an enormous financial hit."
I stumbled upon this article about the TikTok generation mad dash for *inverse (aka Short ?), trading and somewhat explains the illogical craziness occurring lately.
It warned that it was very RISKY and the fees were HIGH for what I thought scant RETURNS.
Read on my phone, but don't have a scription, so can't post the whole article.
* they also used the term "Decline" seemingly interchangeably.
From Barron's;....
"This is a game of Musical Shares when the music stops someone...
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Last
96.5¢ |
Change
0.050(5.46%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 98.0¢ | 92.0¢ | $15.00M | 15.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 148095 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 275693 | 4 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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