Lambda,
Instos allocate money.
There may be games in the process so what.
Now I am not coming from the high and mighty philosophical position because I am sitting in the green on my Lynas investment. Because I am not.
But I think you ought to pull out a calculator. 1.2 cent moves in Lynas are profitable at the moment given the price point alone. Even for a retail shareholder getting slugged 30 bucks each way for a trade.
This goes for whether "retailers" are short or long. 1 cent is profitable if that is your disposition and what you aim for.
But if you are a true investor/believer (Go Lynas Go!!) or whatever, WHO CARES what others are doing? What are you doing! Ask yourself that. If you are an investor and Lynas is going to make you a gazzilion bucks then it will even out. Or it won't. Shorters can't send Lynas broke. They can send you broke...if you maxx out your gearing on this company. But only Lynas can send Lynas broke. Don't worry about what everyone else is doing.
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Last
$6.37 |
Change
-0.035(0.55%) |
Mkt cap ! $5.954B |
Open | High | Low | Value | Volume |
$6.46 | $6.47 | $6.36 | $11.29M | 1.766M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
50 | 36394 | $6.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.37 | 13740 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 876 | 6.370 |
31 | 28692 | 6.360 |
18 | 28705 | 6.350 |
11 | 32280 | 6.340 |
9 | 81787 | 6.330 |
Price($) | Vol. | No. |
---|---|---|
6.380 | 30676 | 61 |
6.390 | 31336 | 26 |
6.400 | 52408 | 28 |
6.410 | 41311 | 18 |
6.420 | 85648 | 13 |
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