KLSE (MYR): SCIB (9237)
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Last Price
0.295
Today's Change
0.00 (0.00%)
Day's Change
0.29 - 0.305
Trading Volume
6,481,100
2024-07-29
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2024-07-26
2024-07-19
2024-07-18
2024-07-18
tingkap
913 posts
Posted by tingkap > 2024-03-06 18:16 | Report Abuse
take it today as an example. Intraday Short Selling (IDSS) Trader borrow from broker 4,000,000 unit. before 4 pm at the same day IDSS trader must buy back 4,000,000 unit stock to return back to the broker. so. they will sell down kaw kaw for you to follow.
imagine they can sell 2,000,000 at 0.335 and 2,000,000 at 0.33. after that they will play around at lowest 0.325 and 0.32 to get back their 4,000,000 unit. GET IT ?