Excellent results and event-driven expectations as well!! Itochu Corporation (8001)

This time, as the economy's fundamentals are recovering, we introduce Itochu Corporation (8001), which has drawn attention after the U.S. short-selling fund "Groukas" published a report.

The report highlights Itochu and has attracted attention.

From a business environment perspective alone, the stock could pivot to an uptrend given the rebound in crude oil prices and the stabilization of the Chinese economy.

However, regarding the companyGroukas, the report notes concerns about accounting irregularities on a level with Toshiba,suggesting a fair value in the 600 yen rangeas a target price.

Thanks to this report, the company has becomean interesting stock where you can aim for capital gains with a long position while also targeting a reversal through short positionsin the opposite direction.

Based on the report's content and the company's stock price trend, this article presents how to take positions with both long and short strategies.