I may be wrong but at these levels the downside is pretty much factored in.
Usual overaction by market on valuation with short sellers adding to the opportunity.
5.5% shorts held on ASX 24th Feb so they made up for it today.
Interim didn't seem that bad and is a good bell whether so maybe the market is just plain overbought ATM.
GLAH.
P.
Ann: App4D and Half Year Results 2010 , page-11
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