RE: 200p+ Before Results on 2nd Mar8 Feb 2023 12:03
Hello Cyber, I wonder if you could explain something for me. Lets assume that we are notified in a RNS that say XX has a short of 1% of the stock. Now my understanding is that means XX has borrowed that 1%. But does it mean XX has already sold those shares or could XX be waiting for the moment to do so? If the latter this would explain how we are seeing a small rise in the share price but XX could be about to sell a chunk of shares he has borrowed and so cause the share to drop. For example XX could sell on results day with the result that small innocent investors panic and exacerbate the drop; so XX wins. Your thoughts would be much valued, and I'm not implying you are a shorter but you may be the one to help. I've asked this before but no one wants, or has been able to answer. JJ