Here's a little update for the short report, from 28th Sep - 8th...

Here's a little update for the short report, from 28th Sep - 8th Oct:


Date Shorted    Qty VWAP

Thu 8th October, 2015 68,450    4.27178
Wed 7th October, 2015 37,152 4.26514
Tue 6th October, 2015   19,819 4.28693
Mon 5th October, 2015 13,163 4.22725
Fri 2nd October, 2015    26,487    4.18649
Thu 1st October, 2015    13,865 4.11541
Wed 30th September, 2015   9,323 4.15594
Tue 29th September, 2015    51,341 4.18808
Mon 28th September, 2015 18,468 4.24365

Total 258,068

Whats clear to me is that the number of shorts over this period is reasonably high and the SP has held up very well, the other think I question to my self is that how on earth will they cover if there is a mad scramble to buy the shares.....imo they could easily face a squeeze and be down 10-20% with the blink of an eye, these shorts are being set up for an epic fail imo.....

especially when they are betting against the growth of ACX slowing down and I just cant see that happening any time soon, not when nearly 95% of the industry is using old school methods such as paper and emails........and especially not considering that ACX is the world wide leader in cloud based collaboration software for the construction industries.....

ACX is only in its infancy stages regarding growth......