If you study these trades they lost about $75,000 trying to short AMI's shares with probably borrowed shares. The Shares bought they paid 49.5 cents and the sold ones received 47.3 cents. Losing 2 cents trading large amounts can amount to large losses in a very short time period. You can see the sold about 412,000 AMI shares but the Market rose they had to buy back 387,000 AMI shares at 49.5 cents. With all the good news coming for AMI over the next 2 years betting against AMI could become very costly. It is easy to play with other peoples money for these fund managers, I don't think they would risk doing it with their personal investments. Good to see all these shorters finally losing money trying to short AMI they should stick to stocks like FLT who lose millions every week. DYOR CHEERS
AMI Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
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