Well said smug. If only 1M shares are being shorted of the 170M(?) odd on the registry, then surely the share price would rise if the market at large wanted it to, right? Thus it would be juvenile to 'blame' a falling share price on those 'cold hearted' shorters.
Sure, the mum and dad investors here want to see the shorts getting burnt so they can get one back on the big guy, but it very rarely pans out that way. Traders milk every penny of worth out the fluctuations in a share price, and there isn't anything that investors can do to stop them.
Some people made a motza out of the events in August last year just by shorting the stock; that's the uncomfortable reality for some here. But the fact is, the opportunity to short a stock is always there for everybody, so there's no use running and complaining to ASIC (for example) about it. I feel I'm going slightly off on a tangent here, but I think its about time that investors of all stocks wake up and smell the coffee. If you can't beat them, you join them.
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