Shorters are often right but probably not "Almost always".
Shorters didn't know Albermarle made 3 bids for Liontown over the course of 6-9 months. Shorters lost their shirt on LTR.
Flight Centre is the second most shorted stock on ASX. FLT is up 50% in the last 6 months.
Shorters have lost about US$12 Billion on Tesla in 2023 alone!!.
Trust me - they get it wrong a LOT.
How did the PLS shorters go in recent years?. Not too well I'm tipping!!
Banter and general comments, page-30262
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Change
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Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 565437 | 10.0¢ |
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| Price($) | Vol. | No. |
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| 10.5¢ | 3161185 | 54 |
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