He is not the smart a..e, they do indepth research not unlike the long only punters :) Trading on insider info derisks the punt. The only one moaning about it are the ones sitting on losses or/and not doing their own dd.
I hope we all come out good. The shorter community are smart arses. It seems these people have access to insider information. ( Who said insider trading is a crime? ) In US, they have been hammering a few guys for insider trades and jailing them but I reckon we guys are very liberal. Just rig anything. Rig the banks, London gold fix, insurance, property and even the country. Incidentally we are asked to be more liberal and what's happening all around. A soldier loses his head to mad fundamentalists in broad daylight. Schools being turned into dumping grounds and big cartels playing with money of small investors. Enough rant for today.
I personally think gold hold the price above the$ 1300 that keep pog around 34p. This is happened few time hit 34 but the market start buying at that price big buy after hours so seems shorter can't take pog down . This time there a** will burn badly. Gla
Absolutely why would they close, trend remains down, New buyers will not step in until Financing news. They have the market and can control the price/
My feeling-right or wrong- is that shorters will not close unless they get a whiff of potential positive news from inside, or they may try to bring price down in next few weeks in order to get cheap. Maybe
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