I know everyone complains a lot about the high level of short selling in CUV as well as some other companies. However, are you sure that those that take out a short do not have a long position in actual shares? I can think of how there could be significant tax advantages for someone who, sitting on a substantial gain ie. 500 - 1,000 % and who wanted to reduce their exposure to that stock might find it advantageous, from a tax point of view, to reduce their exposure by taking out a short on a separate account rather than sell the original shares and realize the large gain. Just thought I would throw in this thought.
Regards
SP
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- Ann: CLINUVEL Newsletter II - March 2024
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$14.00 | $14.02 | $13.95 | $64.87K | 4.644K |
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---|---|---|
2 | 6 | $13.95 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 568 | 13.940 |
2 | 3038 | 13.930 |
2 | 2036 | 13.910 |
6 | 5775 | 13.900 |
Price($) | Vol. | No. |
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14.000 | 1560 | 8 |
14.010 | 127 | 3 |
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14.030 | 36 | 1 |
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