Agree. To all long holders worrying about the share price - keep calm and keep moving.
Shorters are good for the market - they help to weed out bad companies (when they get it right) and provide opportunity (when they get it wrong)....Don't forget - shorters have to cover at some point (regardless of whether they get it right or wrong) - long can hold indefinitely....and putting a short on is costly - the borrow is not cheap.... So if TPG keeps churning cash out - the shorts will get squeezed.
I'm more concerned/interested in the fundamentals - is he going to keep earning solid ebitda margins. At these prices we aren't paying for any growth at all - TPM doesn't need to grow - they just need to maintain earnings
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