NAN 4.00% $2.88 nanosonics limited

Shorters of NAN Sharpening their Pencils

  1. 23,907 Posts.
    lightbulb Created with Sketch. 386
    NAN is now the 8th most shorted security and rising.
    The reasons, I think.
    1. The NAN report indicated that spending on R&D is to rise considerably
    2. The new products will not come to market for awhile
    3. The earnings will be impacted by R&D, thereby frightening shareholders
    4. GE healthcare sale in the USA
    I went very long today
 
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