As I continue to educate myself on shorting, it is in my opinion and without doubt we are being shorted and will likely be so until a corrective announcement (e.g. takeover complete, positive intercepts &/or any other good news) comes out. So hopefully RMS management wont delay the release of any good news to avoid the stock falling too far.
From what I understand their is a positive to shorting besides liquidity. If and when some substantial good news comes out a rebound usually will result in a sharp spike up as the shorters scramble to close out their shorts!!
When fundamentals of a company are strong the shorters can only profit by a maximum of the SP value of the stock but their potential losses are limitless!!
GLTAH
The Shorts have RMS by the "Short & Curlies!"
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Last
$1.95 |
Change
0.030(1.56%) |
Mkt cap ! $2.230B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.97 | $1.94 | $4.955M | 2.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 44661 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 232625 | 8 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |