Post by
magnuswave on Sep 15, 2020 11:53am
Shorts desperate to keep below $15 handle
I expect to see a breakout once we can trade above $15. Combination of short covering and share buyback should do the trick. Thinly traded at best of times so we can gap up pretty quickly with issuer buying pressure. This is hte intent to get back to a fair value. Either the market does it for us or Brookfield forces it upon hte market.
Comment by
Lacas24 on Sep 15, 2020 12:28pm
Completely agree. BPY buying and the oversized short position will force the market to trade us higher.