Hi Gambit2012 I hope you are well Just noticed that one of your earlier posts today had this down as a strong sell? is that your opinion or was it a mistake as it does not seem to fit into what you are saying ? hope you wouldnt mind clarifying for me ? Thanks
It looks like they thought it will go down even more than 130 at the time, unless they bought some and the figures have not been updated, I am not sure how often they must declare. Of course it is also possible that they are unable to buy that amount of shares, someone and lots of us have to sell before they can buy that amount of shares.
My understanding of it is that they opened at least part of it in April 2010 at 475p so they will still be well in profit (if say 1m shares shorted then at 235p they would be up £2.4m) but every 10p share price rise would see that reduce by £0.1m
I think you are right, that is why I topped up. Although you really never know with this share, strangest things have happened. We need some momentum behind us. Anyone knows the shorters position? Be interesting to see if they are closing their position or still believe SP will go down.
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