Here are the shorts for acx in 2016......
Thu 14th Jan, 2016 94,864
Wed 13th Jan, 2016 51,908
Tue 12th Jan, 2016 32,805
Mon 11th Jan, 2016 35,534
Fri 8th Jan, 2016 17,069
Thu 7th Jan, 2016 32,912
Wed 6th Jan, 2016 14,923
Tue 5th Jan, 2016 29,515
Mon 4th Jan, 2016 16,641
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
Here are the shorts for acx in 2016...... Thu 14th Jan, 2016...
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