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Eisman shorts HSBC and STAN

General discussions about equity high-yield income strategies
Fluke
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Eisman shorts HSBC and STAN

#252078

Postby Fluke » September 15th, 2019, 9:49 pm

Following the collapse of Carillion someone suggested adding shorting in some form or other to their HYP selection criteria when choosing a new share or topping up. I thought of this today as have been thinking of topping up HSBC but read in today's paper that Steve Eisman of Big Short fame has shorted it along with Standard Chartered, because of what's going on in Hong Kong.

Could be a good long term prospect but I'm nervous. Any thoughts?
Moderator Message:
Duplicate of post on HYP Practical forum. Replies there, please. This thread now locked.

TJH

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