Horrors, eh?

Hedge fund chaired by GB News investor shorting ITV
Marshall Wace has taken a 0.68pc short position on the broadcaster which has suffered from the pandemic-induced downturn

So, at worst this is bloke who thinks it worth competing with ITV thinks ITV will suffer from being competed with.

But it’s possible to use the boogieman phrase “short seller” so why not umm, say summat or other?

2 thoughts on “Horrors, eh?”

  1. Classic hedge fund behaviour. Go long on one industry player an short on another. Profit from the relative outperformance while reducing exposure to the sector.

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