TSX:TECK.A - Post by User
Comment by
smoking81on Nov 29, 2015 10:06am
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Post# 24336050
RE:Shorts are getting nervous...
RE:Shorts are getting nervous...Two of the large shorting groups are the institutions that bought the bonds and the chinese. The bond holders bought bonds at half price when they were downgraded and need to have a hedge in case the company goes broke, The chinese are having problems shorting stocks in their own market so are moving to other markets to short stocks they have some measure of control over by manipulating metals inventory. The only thing that is certain is once the price starts to move they will cover and go long.