Absolutely. The shorters use 'market efficency' to justify there actions, to feel better about what deep down is giving them a tumour. Often they are manipulating stock prices / market caps of healthy companies that are simply and only overvalued. These companies are not weak. They are the gems building a heathy economy. They are the dreams of REAL business people, that often just aren't cashflow positive yet but the excitement is high and share price is high in anticipation of that cashflow around the corner. Take WBT. Shorts exploit retail holders that are vulnerable Shorters are parasites exploiting that common weakness and doubt. Not GOOD businessmen. All said and done, the stockmarket is a black beast and shorters are preying on the weak. Not an honourable profession.
AL3 Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)