By Tom Winnifrith | Sunday 17 May 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I have written of the risks to the shorter several times here of late. Indeed, I explicitly warned against going short at what turned out to the bottom of the recent market correction. Forgive me for reminding you of that call! And given the unprecedented Government intervention in our affairs which smacks of market manipulation I am reluctant to consider new shorts. However:
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