These guys used to short wisetech,rff,sek etc Got burnt badly however i think they will recover their positions very quickly in the coming days. unfortunately today sell side pushing lot of stop loss triggers. NEA and like other companies often hire IP lawyers etc before they acquire and enter a certain market. These existing players always find new ways to damage their new players. now sure how these short funds survive when they often releaese bs or exaggerate info. NEA need to find a way to sue these guys back.
NEA Price at posting:
$1.81 Sentiment: Hold Disclosure: Held