EXT 12.5% 0.9¢ excite technology services ltd

Harlee,Unfortunately it's a shorter's market atm.This morning I...

  1. 585 Posts.
    Harlee,

    Unfortunately it's a shorter's market atm.

    This morning I saw a trading research report which recommended shorting BHP, FMG & OSH back on 18/8. These were the recommendations:

    BHP
    Short @ $38.95
    Current price $35.11

    FMG
    Short @ $6.03
    Current price $4.21

    OSH
    Short @ $6.35
    Current price $5.57

    For those in the know / paying for the research and with an appetite for some risk, there seems to be a lot of reward.

    I'm not personally a fan of this because it's simply gambling on the market going down (and therefore someone loosing money), but it seems these are the rules of the market at this point in time.

    We just need to watch and wait for the Chinese and others to get into gear. This current reversal of global markets is not helping things though.

    Unfortunately I am out of cash to make the most of current buying opportunities but having said that I'm still well ahead and my two key investments have performed solidly while the rest of the market has taken a hammering in recent weeks.
 
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Last
0.9¢
Change
0.001(12.5%)
Mkt cap ! $13.08M
Open High Low Value Volume
0.8¢ 0.9¢ 0.6¢ $75.60K 9.052M

Buyers (Bids)

No. Vol. Price($)
5 1075739 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 1024534 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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