RE: Short sellers shaking in their boots25 Jan 2024 02:53
MH01,
Re: Short Sellers Shaking etc.
I hold a few shares in DEC for the dividend etc. Today DEC issued an RNS to counter the shorters narrative of lies and misinformation, it was very interesting as the then SP rose by about 10% as a result of DEC's RNS. Now to add to that we have a superb article by a chap called 'The Oak Bloke' who absolutely ridicules the shorters and is worth a read.
https://theoakbloke.substack.com/p/dec-orum-est-loqui-verum?r=2y9mrf
Thing is, not all shorters make money, their strategy is primarily based on 2 axioms , a) They the shorter know the company is in actual difficulty or the company is not disclosing something of relevance? (not the case at all with GGP IMHO) . In the main, the shorter tries a bluff of 'Continuous Rinse & Repeat strategy in the hope that over time PI's will simply throw the towel in because it must be true being that this has been going on for so long now?
That's the achilles heel of the fed up PI, so take note and be aware of the shorters rationale /thinking .
Our latest known GGP shorter, Actusraypartners it would seem are sailing very close to the wind so far and overall are actually losing money, thank God.
https://shorteurope.com/history_player.php?player=ACTUSRAYPARTNERS%20LIMITED&land=united_kingdom
So the moral of this story is simply this, if the fundamentals are sound, the market for Gold & Copper is sound, the management are sound, the main shareholders (Wyloo) are sound, etc, etc.........there is absolutely zero reason why you as PI...... should even question throwing the towel in unless you absolutely need to ,for financial reasons.
Sit it out if you can, we are already starting our Lassonde journey albeit slowly, not long now IMHO.
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