TBH I actually don't have a problem with shorting. Whilst I have never shorted any stocks myself I can see the argument for it, and have no problem if the shorter's case is sound. In fact, I want to hear sound arguments for why I shouldn't be investing or holding a stock, and there are definitely good outcomes from shorters' activities when companies are actually committing fraud.
The issue I take with J Capital's report is that it's a very one-sided interpretation of facts. If I was in their shoes I wouldn't be shorting on the basis of that report because it either deliberately omits or conveniently ignores a bunch of counter arguments, which, if it were my money, are extremely important.
Hence my conclusion that the report is not a strong justification for a short, rather it's written as a post-hoc justification of their (likely) short position, or written to scare others into acting to their advantage.
- Forums
- ASX - By Stock
- NEA
- JCap short report released
JCap short report released, page-84
-
- There are more pages in this discussion • 129 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NEA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online