NCM newcrest mining limited

tight shorts anyone?, page-8

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    Rob, I guess you felt the price was ahead of the fundamentals and were expecting the price to settle back some. Then you could have covered the short at a profit and taken another long position. And of course, you still can if things swing your way.

    Did you finalise your long position at 10.45? I suppose it wouldn't make sense to own shares and short at the same time, you'd just end up cancelling out your results.

    Was there a reason you chose a short position rather than a put? There are some really long-dated puts available just above current SP.
 
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