I believe that an example of short selling could be described as borrowing SXL stock that you don't actually own at near the high prices today of $1.20 at the open after they announced their half yearly result, and then selling down the same stock all day down to near $1.12 as it is at the present time so that you could buy the stock at the bottom price of the day. Of course that might be a good idea particularly if was all done on the same day, if it was true. As I look at Commsec right now a total of 2,476 trades have been done so far today for a total of 4,640,874 shares sold with an average trade of 1,874 shares sold per trade. Really!!!!
Short Selling Still Going On???
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 (20min delay)
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Last
53.0¢ |
Change
-0.015(2.75%) |
Mkt cap ! $119.9M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 56.0¢ | 53.0¢ | $127.9K | 239.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 85332 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 476 | 2 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| SXL (ASX) Chart |
