RE: Another 3 million shares22 Sep 2023 11:42
But the detailed email from Mr BigAl, that contains alot of 'ifs' eg if drawdowns are taken and if burn rate remains constant (inflation is still increasing) and also neglects the costs associated with the RF loan (2% here, interest rate , there all add up), explains why Mr BigAl has not sold. Yet for others here who slate the calculations , and correctly imo, I get the impression they are still invested when its clear the SP is going south. Perhaps everyone is waiting for the next spike and crossing fingers for some unexpected good news on 28th sept.
Mr Budd has been replaced, GDR are running out of money with no sales in sight. If only pi's could short this stock. Theorectically , with people like Mr BigAl , Mr stephen and Mr Bighammer convincing themselves the SP will increase, shorters could take put options with them (theorectically at least, practically though impossible).
I'd love to short GDR and I've said that to myself for years tbh. At the moment I'm only emotionally invested in GDR.