Very dangerous and very surprised if my super is doing it. I would be very pissed if the hedge funds go belly up and can not buy back the shares. The only asset a hedge fund has is its cash. Goes back to when shorting first began, it was to increase liquidity in stocks. Now you got hedge funds that can virtually take control of a share price by their shorting and buying. They should limit the amount of outstanding stock to 10% of issued shares. Then if the hedge funds want to gamble on a move in the stock, they will be forced into buying CFD's. Then the risk is only between it and the broker who under wrote the contract. It would naturally put a limit on the exposure, as brokers will not be happy holding a couple of hundred million in liabilities.
It ain't going to happen though as there is too much money to be made.
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Very dangerous and very surprised if my super is doing it. I...
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Last
$63.86 |
Change
-0.200(0.31%) |
Mkt cap ! $12.33B |
Open | High | Low | Value | Volume |
$63.68 | $64.25 | $63.30 | $9.428M | 147.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 117 | $63.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$63.89 | 67 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 63.790 |
3 | 33 | 63.780 |
6 | 122 | 63.770 |
9 | 326 | 63.760 |
1 | 82 | 63.750 |
Price($) | Vol. | No. |
---|---|---|
63.820 | 103 | 8 |
63.830 | 140 | 8 |
63.840 | 15 | 1 |
63.850 | 58 | 2 |
63.870 | 66 | 2 |
Last trade - 14.25pm 19/08/2024 (20 minute delay) ? |
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