The shorters are suffocating the share price at the moment - 57% yesterday! That's almost 2 in every 3 shares sold yesterday being a sale by a shorter. That's artificially depressing the share price.
The shorters got it wrong with A2M. The number of shares shorted in A2M more than doubled between 9th May and 9th June - from 1.34% to 2.76%. That's more than 10 million shares shorted below the current price - the majority of those below $1.45.
They got it wrong with A2M and will get it wrong with BAL.
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