RE: That short position.9 Jan 2025 17:51
IFKA
Your last line “my opinion and not fact”
Well, the points you make are fact. There’s peanuts left, if anything.
They have to close the short, that’s a fact, and IMO have done a superb job - they’ve made a fortune. But closing the short is going to be a tricky exercise to execute, they’ll have to accept their profits will be impacted as they do so because they will increase the SP as they start closing - no question.
All eyes on 30th January. Any sniff of an upgrade on any key metric (mainly cash) and I think they’ll be forced into becoming active in closing the short.
I actually only learnt how to filter this week so feeling energised that I won’t have to read responses for JM, LL, JZ and RS.