3Wk·

Frontline - Short squeeze due to escalation in the Middle East?

In view of Israel's current attacks on Iran and the associated uncertainty on the oil markets, I believe a significant price increase is possible for Frontline. The short ratio is currently around 5-6%, which is not yet an extreme level, but together with the geopolitical escalation could lead to strong movements in the short term. A classic short squeeze is not guaranteed, but the chances of a dynamic price development are certainly given in view of the situation.

13.06
FRO
Bought x33 at €16.50
€544.50
5
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