Buddyboy: Great find on a major hedge fund's massi

Buddyboy: Great find on a major hedge fund's massive shorting of GSK. This huge wager makes no sense unless Citadel has high confidence that the sp of GSK, which has been moribund since its consumer drugs spinoff in mid '22, will soon drop precipitously. This bet seems even more reckless given GSK's recent substantial share buyback. Clearly, the decision makers at Citadel expect news that will at least temporarily sink GSK's sp.

There must be several potential calamities that could swiftly sink GSK's sp, but given my superficial knowledge of GSK's current business conditions, I can only think of one -- if GSK were to announce a massive investment in a small biotech currently trading at 22 cents, the C-suite at Citadel would likely be popping the champaign corks.

I'm guessing, Buddyboy, that the above scenario is what you had in mind in bringing this short sale to the board's attention. I commend you for great tea leaf reading because this scenario, while clearly speculative, is also innately plausible. Well done.