I haven't shorted any Lynas shares but I am thinking that maybe property should be short able.
Prices in Australia seem way overpriced given the amount of land available and what you can buy comparatively overseas.
I tend to agree with soulsurfer philosophy. Just as longs can push the price to exuberant highs. This is when shorts keep a lid on sensibility and start buying and then cover at extreme lows. The converse is exactly true for those who are long.
I also don't think the ban on shorts did much for the market at all. Long term as I am I don't think it shorts make a big difference, although it can make for an interesting ride short term.
I haven't shorted any Lynas shares but I am thinking that maybe...
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |