RE: Stop the nonsense..28 Nov 2022 18:43
I use to pay attention to the shorts but quickly realised that its a tad irrelevant at these levels…they have long and short positions and provided overall they are where they want to be they will fluctuate as they see fit. This ain’t a GameStop scenario where they get squeezed and we see shorts ‘get burned’ as some like to shout. Agree I like to see shorts at the lower end however at the levels we are at it doesn’t make a massive difference..funds buying, positive sale updates, organic growth, buyout rumours, turning a profit will see us move…a short hovering above or below 0.5% ain’t what we should be worrying about. There was a news article over the weekend about QIA starting to pull money out of London which I thought might impact us..