RE: Shorters6 Mar 2021 13:12
Neversellshell - your views do not make right just becausr you say "very interesting".
The best hedge fund manager - Bill Ackman - got his short on Herbalife wrong and lost billions $.
Yet he was the guy with the "big short" as C19 took hold. He made £2.9B with credit hedges.
There are reasons shorts don't close - like purely they assume the worst on SFO.
They could be wrong so they stand to lose tens of millions of on their shorts.
There are a few shorts that shorted PFC at £4 and they HAVE LEFT.
THEY ARE THE ONES WHO WERE RIGHT! Do you not understand?
Please develop your thinking a bit. Shorting PFC at £1.20 is stupid, "not very interesting".
If find it more interesting that AQR was nearly 5% short of PFC in OCT 2017 and closed their short in May 2019.
That is "INTERESTING".
You people coming to de-ramp when the best shorters (AQR) have left - you have missed the boat.
So did Cape and Rey Bay. They will be proven wrong. I've always said that after the best shorter left, AQR, pfc become more interesting prospect. No one cares what the late-train muppets do like Cape. They missed the boat on their short when PFC was over £4. The facts are PFC in seriously undervalued, SFO will have to finish soon, oil price is recovering, PFC is getting into green energy. Plus future divis. There is nothing not to like here, apart from SFO taking a hike. Any hedge fund shorting at these levels is plain dump. That is a fact. Just ask AQR.