RE:RE:Shorts About a $1.2 million bet - timing is tricky. Small caps will get hit if there is a major market pullback but any sniff of flogging Port Moody should release a lot of uncertainty.
TheCount11 wrote: Probably some US Macro fund trying to make a bet against Canada.
Opportunity Cost of cash is 5% and need to cover dividend so fund has around -11% cost. Not a good bet IMO.
The time to short the stock was Jan - July 2021 when SP was over $10 and inflation was screaming higher.