The trouble is these BLATANT shorters DO destroy prices significantly for a long time-
I don't recall all the occasions, but feel sure an average decline is probably about 30% irrespective of the truth.
Jcap report states not for Australian use and hence it exempts them from prosecution in Australia- what crap-
and ASIC etc never attacks false info - look at BIG , which is pure fraud by the owners in this case, and still no prosecutions- CTD kept refuting shorter's wrong claims but cannot extricate themselves from the mud and is still a great growth company, but on a low P/E about 20!
- have any shorters ever been prosecuted ? WHY NOT!!? guess few companies have been prosecuted either- maybe class actions are another opportunity- but mainly for the lawyers to make a killing!!!??
so it seems time to sell and buy back after the bulldust has settled.?
need to sell any stock as soon as any of these blatant shorters publish and buy back after the bulldust settles= my new policy.
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