RE:Hedges are like buying insuranceDont you guys know? there are different types of hedging, think of puts and calls, naked or not, straddles etc
CPG did not hedge as it should have with a ceiling or basement floor, its infinite their liability which is why they will lose hiundreds of millions each quarter now, they arranged it all wrong, pure gambling like in 2015.
I hear they will be taken over soon at $10.25