RE: T Rowe fund report2 Dec 2021 13:46
I don't think the major shorts will have much to gain by trying to push this down much further. There's not much further it could possibly go without looking even more ridiculous. A few % to be gained? My expectation are they will currently be closing positions and getting ready for a major bull run where major % is there to be made with some renewed hype, which is sure to follow.
All this talk about transparency, compliance etc is a smokescreen. THG have probably the best investor relations site I've seen. They've agreed to implement all the requests of the major shareholders, and those major shareholders knew the long term strategy from Pre-IPO. Nothing has changed, and this is why investors with more skill than I, like T-Rowe, Sofina Capital, and this week Chrysalis Investments, have all recently increased their positions in THG.
The stock is highly volatile due to the high level of retail trader interest from the beginning, and the major secret shorts have made the most of those retail traders unfortunately. The THG strategy of Brand Acquisition to the platform, whether through brand purchase or brand partnership via Ingenuity, is a very sound growth plan for the future.
Just my opinion.