Thanks brandonc, according to your link- as at the 22/02/21...

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    Thanks brandonc, according to your link- as at the 22/02/21 shorts on VCX were not especially large- compared to various times in the recent past.

    This morning's Australian, page 31, Super savers, beware the costly market games.

    I will just quote this,

    "It was ironic that on the eve of the US shorting battle, $10bn Australian hedge fund Caledonia wrote to its clients to tell them it was planning to short Australia's large office and retail-based property trusts, plus others involved in the retail sector."

    The verb tenses used cannot show if their plans have been acted upon yet.

    My reaction to this is that I will not help shorters by selling my own holdings- and if there is further SP weakness, and it is the best use of my funds, I will further accumulate on weakness. I would not participate any any action to buy further shares in order to defeat the shorters- nor would I encourage anybody else to do this- eventually it would have to end in tears for someone- you call them bag holders.

    Obviously there are some headwinds for REIT sectors and these will exist post covid- this must be true or shorters would have no leverage- but my conviction is that the current SPs, mostly, in the sector derisk those headwinds.

    Oh, may I have another red day about the end of February- that is when I intend accumulating next- one of the banks at around $20 would be nice.

    IMHO DYOR

 
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