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Mita, Yes my LIC has told me that they have made a lot of money...

  1. JUSTBOB
    2,507 Posts.
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    02/02/15
    10:49
    Post #: 14680821
    Mita,

    Yes my LIC has told me that they have made a lot of money shorting ACR.

    I am not aware if they have been trading the shares or shorting & holding their positions while using the cash received from selling the shares to take long positions in other companies.

    I would have thought that trading would have been an even more profitable proposition.
    ACR Price at posting: $1.44 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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