RE: Short positions8 Aug 2019 14:29
I think it’s pretty easy to say what people should have done, once the event has passed, and the SP has reduced - in fact, if we all knew that, i’ll bet most would have sold and re-bought. Better still, sold, opened a short and closed it and then re bought.
The short position just leverages, it’s not a win-win, and a percentage opposing position will just reduce (gains or losses) - pretty straightforward.
If The FO partner were to offer a full buy out though, and you have a large short position, trading may be suspended - that would be a nervous time!
AA