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They point out the firm had gone short on the housing market to protect itself.
They often rebound as investors who have gone short (bet on falling prices) take profits.
In other words, while one part of the department had gone short, another part had gone long.
A judge eventually ruled the cash probably belonged to one of his associates, but from the lavish appearance of his Alicante empire, Charrington certainly has not gone short.
If other funds have gone short and need to buy back as well, there will be a "short squeeze", pushing the price up further and causing even more pain to the shorters.
But by any historical measure, you should have gone short in 1997 and 1998 and 1999.
Similar(44)
And Mr. King has gone short-winded with "Full Dark, No Stars," a set of four spooky moral tales.
They have gone short-term with a personality and coach who will apply more of a quick fix and will see Old Trafford as perhaps the final destination on a tour of Europe's elite destinations.
Who's going short?
Going short, going long.
Still, customers were going short.
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CEO of Professional Science Editing for Scientists @ prosciediting.com