SDV 4.55% 23.0¢ scidev ltd

Plenty of funds will loan their stock for short selling, that's...

  1. 22,216 Posts.
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    Plenty of funds will loan their stock for short selling, that's very different to the fund themselves shorting the stock(it would make zero sense to short the stock when you hold, why wouldn't you just sell the stock you hold). People get really worried about shorters but the reality is they only make money if they target an overvalued stock, if they were to target a stock like SDV at the wrong time, they'd just get run over by the bulls and end up having to cover at a higher price than they sold short, thus losing money.

    Shorting is an integral part of markets, without them the bubbles would be much bigger and so would the crashes. Really, retail investors should be happy to have shorters there, they save them from buying at even more ridiculous highs than they already do and in market crashes like we just had in March, they act as a natural brake as they are the main buyers in the market during big crash events
 
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Last
23.0¢
Change
0.010(4.55%)
Mkt cap ! $43.65M
Open High Low Value Volume
23.0¢ 23.0¢ 22.0¢ $3.418K 15.12K

Buyers (Bids)

No. Vol. Price($)
2 72168 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 25000 1
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Last trade - 14.59pm 29/03/2024 (20 minute delay) ?
Last
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  Change
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Open High Low Volume
23.0¢ 23.0¢ 23.0¢ 2217
Last updated 12.44pm 29/03/2024 ?
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