ITM - ยฃ205,000,000.00 Millions Cash In Bank ๐ฆ & Zero Debt17 May 2025 17:40
* Selling Short: โจA short seller borrows shares from a broker, sells them in the market, and hopes the price will decrease.ย โจ
* Closing the Position (Covering):โจTo close the position, the short seller buys back the same number of shares they borrowed, returning them to the lender.ย โจ
* Profit or Loss:โจIf the price has fallen, the short seller can buy back the shares at a lower price than they sold them, making a profit. Conversely, if the price has risen, they'll have to buy them back at a higher price, resulting in a loss.ย โจ
* Short Squeeze:โจA sudden increase in price, often due to a rush of short sellers trying to cover their positions, can lead to a "short squeeze," forcing them to buy at increasingly higher prices, potentially incurring significant losses.ย โจ
* No rules exist for how long a short sale can lastย before being closed out.
* The lender of the shorted shares can ask that the investor return the shares at any time, with minimal notice, but this rarely happens so long as the short seller keeps paying the margin interest.
* A broker can force a short position to be closed if the stock rallies strongly, causing large losses and unmet margin calls.
Disclosures and reports are required not only when the position reaches these thresholds, but also for each subsequent 0.1% change above or below.
Can you imagine whatโs going to happen to the SP when they start closing and then have to go long to recover their losses
~30,000,000 Million shares to buy
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