I think you need a period of self reflection, and ask yourself what kind of a person Shorts an "excellent" company knowing full well they might need to raise capital soon? You are actively participating in an attempt to ruin this company. You may feel the term "parasite" is an unfair description of yourself, but I think it's rather apt for this situation. The common defense for Shorters is that "well the price will fall regardless, I'm just taking advantage", I see it more as you leeching off the manipulation of powerful forces behind closed doors, and ALL shorting adds to downward price pressure, so no Shorter can claim innocence here.
I think all excellent companies are strong enough to withstand such tactics, otherwise they wouldn't be an excellent company, but that doesn't change your immoral behaviour here. As a principle, I never Short in general, let alone good companies, and that allows me to live with myself. I think how you make your money is just as important as how much you make.
- Forums
- ASX - By Stock
- Next Lithium Bull run
I think you need a period of self reflection, and ask yourself...
-
-
- There are more pages in this discussion • 223 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 LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
65.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.576B |
Open | High | Low | Value | Volume |
65.0¢ | 67.5¢ | 64.5¢ | $7.086M | 10.75M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 65.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
65.5¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.650 |
7 | 352018 | 0.645 |
16 | 500421 | 0.640 |
5 | 111306 | 0.635 |
9 | 27549 | 0.630 |
Price($) | Vol. | No. |
---|---|---|
0.660 | 343143 | 8 |
0.665 | 154920 | 4 |
0.670 | 178792 | 8 |
0.675 | 363767 | 9 |
0.680 | 58683 | 7 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |