Sherritt International Corp T.S

The big Ni shorter is at it again

[autofocus111]

If the brokers don't want to deal with his LME shorts, maybe he should consider shorting S as a hedge instead. The way this stock moves, he might turn a profit from it even if nickel prices go up :)

>>>>(Bloomberg) -- The metals tycoon at the center of this year’s massive nickel squeeze has been seeking to add new short positions for the first time since the crisis, but is struggling to convince brokers to handle the trades. Xiang Guangda’s Tsingshan Holding Group Co. pared back its nickel short position over the summer to a relatively low level that has remained stable for months. Now, the world’s largest producer of nickel and stainless steel is talking to brokers about starting to increase its position on the London Metal Exchange as a hedge for its own nickel output, according to people familiar with the matter.

https://www.bnnbloomberg.ca/brokers-balk-as-nickel-tycoon-seeks-to-add-to-lme-short-position-1.1836477

[VerificateASAP]

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[autofocus111]

You're off the deep end there verificate. I hate BaySt and WallSt players as much as the next guy. I have a few thousand shares of S. I have carried it mainly as a hedge to my Ni position in NILSY. but that strategy hasn't turned out too well. I bought initial positions in both back in the depths of the financial crisis, and made okay green on both... just not as much as I

[VerificateASAP]

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[autofocus111]

Recommending cobalt warrants? You have me confused with someone else.  Years of non-fictional posts? So you've  been here stalking the board for years without a post? Or is verificate a new alias for you? I've only ever posted on SH with one ID. Whatever dude. Post to your heart's content.

[VerificateASAP]

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