GREY:RNKLF - Post by User
Post by
Geodan2on Feb 22, 2019 2:18am
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Post# 29397954
Today was about short covering
Today was about short coveringWell as guessed today was about shorts covering.
RNKLF 2019-02-21 Loan Return Allocation SLB.51224513 114,625 27.91 -114,625.00 RNKLF 2019-02-21 New Loan Allocation SLB.51224513 -91,407 28.97 91,407.00
They covered 20% of what they were borrowing from me at IB, not surprised. They sold to scare people, then bot that back and a lot more at lower prices.
Oh well, they have been killed for 6 months, but today saved themselves about 5% on their covering price.
Cheers