HSI poise for big bounce up as shortsellers failed to get out yesterday. -
sgbuffett - 24-08-2021
HSI is always a speculator's/trader's market.
The short-term volatility is higher than long term as traders pile in big positions to bet on direction.
RE: HSI poise for big bounce up as shortsellers failed to get out yesterday. -
A2Z - 24-08-2021
In other exchanges you need to borrow to short so shorts do take a longer view of few weeks, months just pay interest rates only. Here we SBL account too. Heard from a friend last month a guy made at least 100m by such method still not yet cover positions.
RE: HSI poise for big bounce up as shortsellers failed to get out yesterday. -
sgbuffett - 24-08-2021
Nicely buffed up
But the really big short positions are in China Tech listed in HK. If you compare Shenzhen A shares where they are not allowed to short the tech stocks did not move down....but in HK they were sold down like no tomorrow.
Now they are surging up....
RE: HSI poise for big bounce up as shortsellers failed to get out yesterday. -
sgbuffett - 24-08-2021
JD up almost 10% today.