RE: Squeeze3 Jun 2020 08:23
They are totally locked in,, i would imagine they bought a few through other investment vehicles to hedge the short.
They claim this monster short is hedging them against the debt that they own, but you would have thought they would unwind it accordingly as we went under 20p.
Blatantly stupid imo ,, if oil sees $50/$60 in the next month as i expect, they have no chance of buying those shares back under 150p