My understanding is that the short-sellers failed since the SP of MYR from late March has been gradually increasing. 'A short squeeze can also happen when a heavily shorted stock starts to rise, and short-sellers start buying to close their positions and cut their losses...If the price of a stock that's heavily shorted starts to rise, you can see the opposite happen. Numerous short-sellers can be forced to start buying shares to cover their positions, which can drive the stock price higher and higher.'
My understanding is that the short-sellers failed since the SP...
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
91.0¢ |
Change
0.005(0.55%) |
Mkt cap ! $762.1M | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 93.0¢ | 91.0¢ | $1.270M | 1.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38968 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.5¢ | 63588 | 5 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| MYR (ASX) Chart |