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Wednesday, March 22, 2023 5:29:05 PM
GNCP GAS NEEN SHORTED TO DEATH 200 BILLION PLUS ::::;;;;;
In this 6-K filing, Credit Suisse warns investors of potential losses due to the high possibility of naked short covering.
In a statement, the bank says, “Conversely, to the extent that we have sold assets that we do not own, or have net short positions, in any of those markets, an upturn in those markets could expose us to potentially significant losses as we attempt to cover our net short positions by acquiring assets in a rising market.“
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