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I believe I can provide some insight into that one.There are...

  1. 7,472 Posts.
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    I believe I can provide some insight into that one.

    There are investors who are of the opinion GLP1's are the death of CPAP, but I don't believe they are in the majority.

    We have also witnessed an extraordinary amount of shorting. I can only speculate if they are current holders covering these positions until the next quarterly, Hedge funds, or Long/Short managers. You don't necessarily need a lot of sticky hands selling to get the share price move we have seen.

    Take a look at Facebook and Netflix over the last 12 months for example.

    https://hotcopper.com.au/data/attachments/5598/5598671-d48dce56f315dbdc7366abcf786f87e3.jpg

 
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