I'm betting you don't own a hat, so you're not really risking anything. If anything I would guess you are attempting to influence share holders to sell or limit buys so that you have a better chance shorting. Problem is, we are already at the bottom. You are better off shorting some sector that still has room to fall. The entire travel industry is at a freeze and the imaginable of worse case scenario being international travel restrictions, state border restrictions and complete lockdown of entire cities is upon is. There will be a lot of travel agencies that don't get through this, the ones that do will have their lions share of the market and also be able to pick up a few cheap acquisitions in the down time.
Here's a comp they just started today which runs through to mid August, maybe you will win and will be able to purchase a hat
https://comp.webjet.com.au
WEB Price at posting:
$2.97 Sentiment: Hold Disclosure: Held
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