You are right that any short can be caught in a squeeze ... but then again aren't the longs caught now too? I was just trying to point out the sort of things that are happening .. I am not personally involved and could never impact a share as liquid as LGL (of course) ... but more thinly traded stocks are a possibility even for small time traders.
You are right that the market is similar to a casino but unfortunately it is the long buy and holders who it is rigged against.
The point of my original post is that if a small time retail investor can push stocks around using 2 retail accounts ... imagine what the big boys can do when they work together.
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LGL
lynch group holdings limited
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5.71%
!
$1.65

shorting: asx surveillance and price action, page-19
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Last
$1.65 |
Change
-0.100(5.71%) |
Mkt cap ! $213.6M |
Open | High | Low | Value | Volume |
$1.76 | $1.76 | $1.65 | $35.08K | 20.05K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 530 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.79 | 96 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 530 | 1.650 |
1 | 100000 | 1.515 |
1 | 393 | 1.500 |
1 | 447 | 1.120 |
1 | 3000 | 1.000 |
Price($) | Vol. | No. |
---|---|---|
1.785 | 96 | 1 |
1.790 | 11331 | 1 |
1.800 | 1880 | 1 |
1.950 | 4485 | 2 |
2.170 | 4321 | 1 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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LGL (ASX) Chart |