short covering rally, page-6

I still have a big holding in Kinross which has been the plaything of shorters. A big gain last night when the rumour does the rounds that Barrack is interested. No joy in being short a t/o target and that applies double for the naked shorters.

It's karma I suppose: You short something into oblivion so it becomes a t/o target. But they will still win. No way would an offer price be anything like the price BEFORE they kicked crap outta it.