Agree its all about growth rates. Their historic and projected...

Agree its all about growth rates. Their historic and projected ones are still very good and justify high PEs if they are correct. I think the shorters were betting on them not reaching targets and getting marked down like many other mid caps. I'm also comfortable with the asset valuation assurances that have been given, to address concerns raised in the press. Volumes may have gone up a bit (see below), but more interesting is the intraday trading action. Lots of bots and plenty of tiny sells into the bid immediately after larger buys into the offer. Net accumulation but keeping last sale price low. Be interesting to watch Shortman - not fully reliable but a trend will emerge soon if shorts are closing.