2 types of SHORTS, page-36

I have been watching and listening, but I've been failing miserably on the learning...

Your premise for NCM going to $2 is the POG falling to $250 (I'm assuming this is a USD figure?). This argument I believe is completely impossible and false. If you conduct a debt sensitivity analysis on NCM you'll learn very quickly that they can't support a POG at $250 and would subsequently be called into administration.

$2 @ $250 POG is not a reality, administration @ $250 POG is the reality!

I guess I'm just not as learned as you, good luck with those shorts!