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.
You are right that any short can be caught in a squeeze ... but...
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Last
$1.40 |
Change
-0.080(5.41%) |
Mkt cap ! $170.8M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.40 | $1.40 | $1.871K | 1.339K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2273 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 4172 | 1 |
View Market Depth
| Last trade - 15.54pm 07/08/2024 (20 minute delay) ? |
| LGL (ASX) Chart |