So g12mo are you saying that UBS through their service provider Warbont Nominees has or potentially has shorted 21m or about 5% of DLS?
How likely would that be?
And yes these are questions
Shortman shows that short interest is in a downward trend while DLS is in an uptrend and is being touted as the stock to hold in the CB. I would have thought it would be a risky proposition to take such a large short position.
My point was that people were prepared to borrow a lot to participate in a potential upside.
As I asked if someone could confirm if what I am reading is correct not start an argument on half baked ideas.
Furthermore, it doesn't make sense for SVG to take such a large position only to see the carpet being pulled out from underneath by a large short position.
I am not being naive here just trying to understand the facts presented to me. I am also quite aware that anything goes and that there are people taking bets on both sides of the trade but I hardly think that DLS is in overbought territory.
Cheers
BW
___________________________ And then is heard no more. It is a tale Told by an idiot, full of sound and fury Signifying nothing.
DLS Price at posting:
$1.11 Sentiment: Buy Disclosure: Held