Many investors don't understand the methodology/strategy of shorters because almost everyone is long.
Shorters look into every item of a liquid company's balance sheet trying to spot the flaw. So what are shorters actions?
http://shortman.com.au/stock?q=dxs
Now, on a 1, 3, and 12 month chart you can see for yourself. In this jittery market, that's what they think.
This is what they most recently did:
DEXUS PROPERTY GROUP STAPLED 1,742,999 970,806,349 .18
http://www.asx.com.au/data/shortsell.txt
A quick smart covering to avoid a squeeze, now why would that be?
OV
PS On a human level shorters en masse have an obscure sense of humour, I think some are in the best sense truly hilarious (the bashers and trolls that pop up on HC excluded, they're just sad and lonely). Simply, they look at the market (reality) in a different way.
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Last
$7.28 |
Change
0.090(1.25%) |
Mkt cap ! $8.206B |
Open | High | Low | Value | Volume |
$7.16 | $7.28 | $7.13 | $60.15M | 8.296M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36216 | $7.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.28 | 80639 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2672 | 12.740 |
1 | 18583 | 12.730 |
4 | 60900 | 12.720 |
5 | 65580 | 12.710 |
5 | 51037 | 12.700 |
Price($) | Vol. | No. |
---|---|---|
12.770 | 18583 | 1 |
12.780 | 97760 | 7 |
12.790 | 98364 | 8 |
12.800 | 91070 | 7 |
12.810 | 68027 | 5 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
DXS (ASX) Chart |