ChrisColeman
2023-05-07

$Zhong Yang Financial Group Ltd(TOP)$ So if someone were to short it at 10 bucks and it drops to 5 bucks they make 50% less fees. But if it ran to 50 bucks they would be down 500%. I’ve never shorted a stock before, how do the brokers protect themselves in the event it runs to 50 bucks or even back to 100 bucks?Seems like the opportunity to short is gone and technically it’s way oversold in the short term indicating it will have another run of some sort.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
1