Considering that around 300,000 shares have been shorted in 9 days and considering the xao and other markets have had possibly their worst ever starts to a calendar year I reckon acx have done extremely well to hold up.... They even managed to put on a 4c gain during the week....
I guess when it comes to shorting people should have a positive expectancy that the sp will actually drop.... However Every time the shorters come out and target acx it always ends up going up rather than down....
When will they learn
ACX Price at posting:
$5.15 Sentiment: Buy Disclosure: Held