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Shares / Re: Steinhoff
« on: November 15, 2017, 12:53:44 pm »Just take note, he bought futures not stock.
In noob language, he's trading not investing.
In plain language, he expects a spike up (he went long) - but he will dump them very quickly when whatever he knows/expects becomes public.
Quick in and out, not long term.
Because he chooses futures, I'm pretty convinced he is very sure of his move.
SNH is now down by around 15% from where Wiese put in his long futures..... this must be costing him money?