GXY
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6.40% $3.51 galaxy resources limited

Ok- So, then what is the advantage of HF shorting the share for...

  1. clivemax
    580 Posts.
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    09/03/19
    16:55
    Post #: 37708817
    Ok-

    So, then what is the advantage of HF shorting the share for an extended period of time, at a consistent level, (Example $2 – from $4) such as over 12 x months, if they are also paying borrowing fees?

    Is this to accumulate purchasing shares of their own, (@ $2) slowly, for the ride back up to $4, as well re-purchasing shares slowly, to eventually cover, (to return shares to MS @ $2)?
    GXY Price at posting: $2.07 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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