RE: What does the morning look like?23 Oct 2019 23:19
There is little value in keeping a short open at these price points, with potential good news to come (in the form of Brexit), GBP rebound - or actual positive company news. Uncertainty largely removed with the publication of results. Vernon leaving sooner than anticipated. 10% are short. If we get more institutional buyers (and they’ve been buying at much higher levels), the squeeze may we’ll happen. UK banks have been bouncing. This should be bouncing much more!