RE: BlackRock's diminishing Short Position.2 Oct 2020 12:06
Like myself, many are probably just sitting below break even, seeing the SP struggle to reach that point and are sat on the fence whether to just wait it out, which some LTH have done, or to sell at break even and then see if the shorts are right and buy back in the dip.
I was happy when i bought in, and at the prices i bought in at and topped up at, it then fell quite a way (it happens) but I'm not blind to the fact that as much as a good dividend is to be made on only small drops. My break even average stands at 247, i'd like 262 to give me some profit off this holding, but equally, i'd take 250 and then buy back at 220