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STO $8.04

why do shortsellers prosper even if a results

  1. Chair5807

    1,038 posts.

    A minor downgrade but I think the market was expecting an increase which was pushing the share forward late yesterday. $13.80(ish) has been offering solid support all week but that was broken pretty easy early in todays trade, most likely due to the stop loss effect, but has also looked weak all day.

    Santos hit a 52 week high yesterday, that's a win for genuine investments. Shorts get a bad wrap on HC but it is legal and only a small % of sales are short. The real leaches are brokers with valuations based on their own agendas and journalists who spread propaganda just to get a few more views and follows.

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