Well, it’s not really that difficult. Why would a shorter want to start low? Makes no sense. They borrow shares and need the share price to be high so they get the most profit after it drops yeah? They have to return the shares and pocket the difference between the high and the low. Thought that would be easy to understand.
Besides, I also only mentioned it as a train of thought. We are not at share price ASX university here. It was not an exam question. Merely participating mate. Enjoy you.
WDS Price at posting:
$25.71 Sentiment: Hold Disclosure: Held
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