Gold

Shorts Target Talktalk Telecom, FirstGroup and Gold Miners

In short position disclosures from the U.K., Odey Asset Management disclosed a short in Talktalk Telecom Group PLC (LON:TALK) last week. The telecom company is involved in the provision of fixed line communications. This is a unique bet as no other fund is known to short in this company. The shares are down 3.5 percent for the year. Talktalk Telecom Group PLC (LON:TALK) is the U.K.'s fourth largest broadband service provider, in terms of client base. A bearish bet on a similar company, British Sky Broadcasting Group plc (OTCMKTS:BSYBY) (LON:BSY), was made . . .

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