RE: HMNNN24 May 2022 13:59
Ok, you got me there....I bought because i think its cheap - yes, guilty. I don't particularly like buying at the top of the cycle. I am a PI - buy low, sell high is how its meant to work for the small guys.
I assume you have a short open and are very confident in your position. Good for you and let's see what happens.
Incidentally, don't always assume Blackrock know what they are doing. I hold THG and am up handsomely there and was witness to Blackrock increasing their short the day before the price shot up - they promptly closed the short. So they can get it spectacularly wrong too - ruthless or otherwise.
ATB