RE: Markets know what’s coming12 May 2022 10:34
Danosaur. Sorry, just my experience of knowing a shorter. Imagine they shorted from 70p,seen it drop to 25p..so 45p at £1k per point up. So 45k up.
They can play a game that most can't, as they say, anything below 30p is brill, got my 40k anyway. So they can look away and may return to follow sp with thoughts of 30p is worst case, as the sp drops so no pressure. They'll have an IG type screen with flashing lights showing profits. It's actually brilliant, if you're in profit. I was 44k up one day on a long, Hong Kong by night comes to mind. Lights everywhere. It maybe a case of 50k tax free profit is enough, so it may be profit related rather than company related. Just what I know