NEA 0.00% $2.10 nearmap ltd

Ann: Nearmap notes media, brings forward 1H FY21 results, page-28

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  1. 901 Posts.
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    Yep agree trader people are learning about greedy hedge funds and their dirty tricks with the help of gamestop and various articles spreading the word. There needs to be more regulation of the criminal behaviour that goes on. For anyone who missed it I posted a link to a great article in the SMH yesterday about what goes on, and I have put it below but if link is blocked just google "short and distort attacks smh". One of the things the article mentions is the need to respond quickly to attacks and Nearmap have done that so should limit the damage. The cost to the Australian community is immense, the figures mentioned should have this as a front page issue until it is sorted.

    disallowed/business/markets/caught-in-a-bear-trap-how-short-and-distort-attacks-are-costing-australian-investors-billions-20201204-p56ksl.html
 
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