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Originally posted by Zenox:
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I'm not concerned at all about the current price action since those shorting the stock will have to buy their shares back eventually. There's no reason to suggest Appen will not reveal y-y growth in next weeks report and the potential for a miss on Appen's own guidance has already been priced in. It looks like even if next weeks report is negative this will have largely already been price in as well. The biggest hit is likely to be foreign exchange related and not related to the fundamentals of the company in my opinion.
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the real deal is on wednesday, doesn't matter if it drops 99% until wednesday. if management denies macquarie price will gap up to 25 again in one day.
