Two hedge funds, London-based TT International and Whitebox Advisers, from Minneapolis – made up the bulk of the shorts, together holding around 7 percent, according to ShortTracker data.share price, which plunged 85 percent in the six months before Sunday’s collapse.
They saw it coming, just like the bosses at TC who creamed off bonuses and continued taking bookings knowing the inevitable would eventually happen.
Good on them. They made a bet. They won. ThTs what their business is
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