NEA 0.00% $2.10 nearmap ltd

TBH I actually don't have a problem with shorting. Whilst I have...

  1. 308 Posts.
    lightbulb Created with Sketch. 122
    TBH I actually don't have a problem with shorting. Whilst I have never shorted any stocks myself I can see the argument for it, and have no problem if the shorter's case is sound. In fact, I want to hear sound arguments for why I shouldn't be investing or holding a stock, and there are definitely good outcomes from shorters' activities when companies are actually committing fraud.

    The issue I take with J Capital's report is that it's a very one-sided interpretation of facts. If I was in their shoes I wouldn't be shorting on the basis of that report because it either deliberately omits or conveniently ignores a bunch of counter arguments, which, if it were my money, are extremely important.

    Hence my conclusion that the report is not a strong justification for a short, rather it's written as a post-hoc justification of their (likely) short position, or written to scare others into acting to their advantage.
 
watchlist Created with Sketch. Add NEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.