Post by
ScienceFirst on Jul 26, 2022 11:20am
Bottom hit
We all know industrial contracts are coming. Vale is a sure shot.
Shorts are simply taking advantage of the time they have before such contract. They just cannot know the exact date they'll have to cover. And this, for them, is the biggest risk as they don't own the shares they have borrowed.
Comment by
StairwayTo on Jul 26, 2022 12:20pm
“We wish to emphasis that this announcement is as a result of a previously announced request for a cost estimate by a client and in no way means, or implies, future revenues will result from this,” said P. Peter Pascali, CEO and Chair of PyroGenesis.