Price Discovery, Liquidity and Fraud Detection: the same old tired excuses to try and justify Shorting.
A recent article in the Age claimed that shorters were doing mug investors a favour, but I can't recall an instance where the mug investors came out in front after a short attack. Shorters seem to win on most occasions.
The original function of shorting has long since disappeared and it is now primarily a means of market manipulation.
Markets are volatile enough and the ability to profit in a declining market only ensures any decline would be greater when shorting gathers momentum. South Korea and China have put bans on short selling; hopefully they will become permanent.
Also, given most superannuation funds are invested in equities, individuals retirement income can be impacted by shorting.
Why not let markets rise and fall on the merits of the companies, not on the whims of the conmen, shonks and shysters.
- Forums
- ASX - By Stock
- ADN
- Streaky Bay Council - a story of a Mine Agreement
Streaky Bay Council - a story of a Mine Agreement, page-57
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADN (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.54M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $227.1K | 25.07M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1808973 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 32842704 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1808973 | 0.009 |
50 | 18338912 | 0.008 |
24 | 11955998 | 0.007 |
13 | 10418332 | 0.006 |
11 | 42825000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 32842704 | 27 |
0.011 | 25368381 | 18 |
0.012 | 29217099 | 16 |
0.013 | 3609245 | 12 |
0.014 | 2114645 | 5 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online