Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Short sell on Kumba

Reply
jasperventer
New Contributor

Short sell on Kumba

Anybody that can help and explain to me why Kumba cant be short sell from last week and where do you find this info or notifications on companies.

Why do Standard bank block short sell on certain comp.

0 Kudos
Reply
3 REPLIES
Highlighted
Valued Contributor

Re: Short sell on Kumba

you can only short what SB are able to borrow stock in as they have to sell into market when you short .. So if they can't borrow you can't short.

 

Also why short something that's going up? Rising stocks are for longs and falling stocks for shorts. Don't try call a top, wait for it to confirm then short.

0 Kudos
Reply
Super Contributor

Re: Short sell on Kumba

I remember not so long ago, many people was short selling Kumba through their words. Today Kumba are close to R400 and made a mockery of many people. 

0 Kudos
Reply
jasperventer
New Contributor

Re: Short sell on Kumba

Help explain to me why people sell Kumba 1 or 2 days before divedend payout. Surely better to sell after payment.

0 Kudos
Reply