Thanks JG for explaining the shorters Modus operandi. I was on the golf course so didnt' see what happened. It is a subtly different shorting MO to what i saw and reported on 21/8 , but just as effective. I reckon within a few days the short positions will be below 20M. The reudction from over 30M shows that a lot of the covering has been achieved. It pi##es me off watching , but as we have all said before, we have to understand what the shorters are thinking and doing.Meanwhile treat it as a ST buying opportunity. The only LT relief is to have a great performing company , which drives them elsewhere.
FT
ARI Price at posting:
74.5¢ Sentiment: ST Buy Disclosure: Held