RE: Shorting4 Jan 2025 11:05
Hi spades I hope you are well!
I can see why the big boys do it , let’s say they loan them out at 6p and if they want to continue buying they can put a buy order in for 5.5p for that quarter with the safe knowledge it’s highly likely to reach that price in that quarter!
Also if can get let’s say 3% per quarter for loaning out the shares, that’s their dividend sorted for the year!
On top of that, when they pull the plug and say that they want all the shares back, they will be laughing safe with the knowledge of how many shares have got to be bought and as we know knowledge is everything!
All the best Ben
Ps do you think Twiggy is doing the same, he is still in the market to buy more!
Just a thought 🤔