RE: A Short That’s Massively Paid Off17 Jul 2022 10:38
Just basic arithmetic, draws the conclusion that the share was massively oversold on Friday. Thereafter poor sentiment can only be argued in relation to transitory issues. Underlying this, sales continue to grow and the brand continues to consolidate its global status. Shorts have got to be closed at some point. I can see profit being taken in this regard, as they look for better opportunities.