During major bear markets the only buyers in the market are the short sellers covering their positions, without them the bear markets would actually be even more severe. Just take a look at the index charts during the GFC and look at when the short selling ban was implemented and when it was removed
During major bear markets the only buyers in the market are the...
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 (20min delay)
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Last
$2.99 |
Change
0.040(1.36%) |
Mkt cap ! $9.003B | |||
| Open | High | Low | Value | Volume |
| $2.88 | $3.02 | $2.86 | $70.15M | 23.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8500 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 315120 | 8 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |