TSX:BPO.P.A - Post by User
Post by
CrazyTraderon May 29, 2023 10:44am
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Post# 35468662
I understand WHY/Reason Shorts Target the G's, I's, T's
I understand WHY/Reason Shorts Target the G's, I's, T'srelative to the others, but it seems CRAZY.
Let's make up an extreme example. Say Prefer "Q" was yielding 78%, and Prefer "Z" was yielding 95% in todays market. Does that mean you should Short "Q" ???? Right? Q's yield is lower than "Z", in other words, Q's price is too high relative to Z's.... or Z's price to too low relative to Q's.
So short Q?
NO! it's yielding 78% in a market that everything else is yielding about 5 to 8%.
I think Crazy Shorts are shorting BPO prefers based on BPO prefer relativity. CRAZY.
Just guessing.