Surely you should be grateful to the people who short? We had a...

Surely you should be grateful to the people who short? We had a big down tick in APT which proved a buying opportunity you would not have had otherwise without them (or actually mostly nervous holders selling) - did you buy more? I bought in (more) around $31 and $27 and sold out again around $32. All the while having my convictions tested on the drop on my overall position (and my view on AUSTRAC/UBS) and am relieved on the retrace back. Just sold some more at $33.89 to be back to my original position. Made a little money on the drop and retrace, but had many sleepless nights too!

Personally I welcome the UBS report. It's not entirely unaligned with my own thinking, I just think they've got their pricing levels all wrong. I will be out of APT at $40+. Before anyone calls me a doubter I've held since $5. APT is a great concept/company and it has a rosy future, but it is undeniably well priced for its success, in my humble opinion.