maybe . . kind of short selling / accumulating / selling into strength before lift off, gives some big players, (say 17/13), 30% more yield and with less risk going forward, for some of their purchase parcels . .
and for those who had some at well under 10c, some have already bourne more of the early risk and got away with just about doubling some of their money - even 'free carried' half if you like - ie. fully de-risked, so can't lose from here . . I guess nice work if you can get it !
D13, page-28
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