Stock1 appreciate the information and your views on the shorters of this stock , am I correct to assum that with 31m shorted stocks still our their , depending on the time line of when the stock has to be returned by the borrow to the real owner I can only see to plays here by the shorters :
1) They decide to cut their losses and buy back , which should then push the stock price up .
2) They decide to borrow more , in order to short more , push the price down and then buy back , of course the volume of the buy back will determine how long they can compress the price in order to achieve their objective.
Do you have a view .
ACX Price at posting:
$4.28 Sentiment: Buy Disclosure: Held
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