It is amazing just how tenacious the shorters can be - they do not hesitate to talk their books hard and plant headlines like:
http://www.theage.com.au/business/m...ngly-expensive-by-shorts-20170329-gv9ip7.html
Aconex stock still seen as 'mindbogglingly expensive' by shorts
There has to be a day that a Solly Lew equivalent (see what Premier has done to the short position on Myer) pops out of the woodwork and burns some / all of the shorts. The issue with that is that the founders and significant shareholders on and off the Board are unlikely to be sellers even at the previous highs.
In the absence of a takeover offer the short attacks will continue until Aconex goes back to knocking its guidance out of the park.
Still frustrated.
Mo
DYOR
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