Further to add (on shorting), trading against the trend is very risky. IMO, shorting this stock the risk/reward ratio does not stack up.
You might get lucky and make a few bucks (but the risk is not worth it), i believe there are better stocks to short then LYC.
I don't say this because I am a holder of the stock, I follow the above rules (don't trade against the trend).
Further to add (on shorting), trading against the trend is very...
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Last
$6.41 |
Change
0.040(0.63%) |
Mkt cap ! $5.991B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.49 | $6.40 | $13.34M | 2.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13384 | $6.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.42 | 13471 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |