shorting is part of the share market eco system , I dont see any negative about it. It is the same as holder sell their shares, but in a reverse way.
We can use shorting as our advantage in this trade e.g sell depth is decreasing on a stock that has been hit by shorts for 10 months mean they must cover to avoid being squeezed , because they must buy back the share at some point.
SHV is looking good to test 5.70 soon , perhaps not today. I am quite happy with the SP I only bought in yesterday lol
shv chart, page-47
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 (20min delay)
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Last
$4.20 |
Change
0.010(0.24%) |
Mkt cap ! $508.4M | |||
| Open | High | Low | Value | Volume |
| $4.21 | $4.26 | $4.18 | $364.8K | 86.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2232 | $4.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.24 | 728 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| SHV (ASX) Chart |