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Posted On: 05/16/2023 9:54:39 AM
Post# of 32688
Goes to show everyone even hedge funds can't pick the bottom but maybe they felt the stock was way undervalued and close enough.
Maybe it's possible they did a long buy, to offset short shares, to push off capital gains.
Here's how the opposite of that works.
https://www.investopedia.com/terms/s/sellagainstthebox.asp
Maybe it's possible they did a long buy, to offset short shares, to push off capital gains.
Here's how the opposite of that works.
https://www.investopedia.com/terms/s/sellagainstthebox.asp
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