To short a stock you must see whether the stock has some good plays for the short period and there should be negative plays for the long period. Is that correct Daytr?
Short-Term
Oil is stabilizing ? Oil must be $40+
An lng shipment (11% to Malaysia, 9% to Korea and 80% for spot markets but no new orders received )?
Long-term
A rise in additional equities ?
A reduction in dividend ?
AUD must be at $80+ to sort out debts ?
All those are telling me STO is heading SOUTH if oil price is NOT stabilizing therefore Daytr is a winner.
Is Agl going to buy Sto? I would better buy ORG if oil is up.
To short a stock you must see whether the stock has some good...
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Last
$6.98 |
Change
0.050(0.72%) |
Mkt cap ! $22.66B | |||
| Open | High | Low | Value | Volume |
| $7.04 | $7.09 | $6.98 | $56.29M | 8.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19356 | $6.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.01 | 39795 | 4 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |