My stock borrowing arose from my disbelief that cash could be extracted from Brazil, where almost all of LGB's assets remain (given that the DR is not cleared).
I began looking into this when a liquidator of a UK Investment Trust announced that his firm, PWC, were unable to neogotiate the sale of a stock worth just over 4 mln Real.
I don't understand the rationale for castigating me for having taken a short position. Surely you would do likewise if you thought it would benefit you. No?