imagine if stocks only went up. Everyone just keeps buying overvaluing everything. Shorting is a necessary function of the market
activist short sellers are a different breed though (eg. JCAP)
although an interesting case study of a short report that turned out to be true is Luckin Coffee
Shorters support group, page-21
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Last
3.9¢ |
Change
0.001(1.32%) |
Mkt cap ! $63.40M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.9¢ | 3.8¢ | $24.17K | 636.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 1766410 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 1045385 | 9 |
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| Last trade - 10.04am 12/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |