Ric,
I have been witnessing the wrath of hedge funds and shorters, and from what I have seen, when a SP gets targeted for shorting, there is not 1 stock that has won against the shorters in these market times, since august last year... That is simply because its currently a bear market, in a bull market, shorters have been cleaned up, especially by MQG.. I have listened to so many analysts and almost all have said MQG is in a great position compared of other investment banks... but if u look at the SP, the shorts have been winnings, it has been getting shorted sinnce it was above 80... and now it is in a more vunrable position...
I hope you guys dont take too much risk with this stock at the moment...
this stock is driven by emotions... its fifty/fifty at the moment, it can hold, but if it doesnt, make sure u have STOPS in place...
Ric,I have been witnessing the wrath of hedge funds and...
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Last
$204.68 |
Change
0.340(0.17%) |
Mkt cap ! $78.19B | |||
| Open | High | Low | Value | Volume |
| $205.00 | $205.00 | $203.73 | $128.5M | 628.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4146 | $204.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $204.80 | 300 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| MQG (ASX) Chart |