Trash talking the stock? Shorter? Nope not a shorter.. just someone with good input.
FMG is ironically a bad example as people profited from shorting from $3 down to $1.40. It actually rebounded after people started reversing short positions in 2015 (as IO started to rebound). Most shorters are pretty sophisticated as there is more risk involved and no Joe-Blow on the street can just start shorting. Serious credentials and capital is required to short.
Sold to crazy low prices??? There was a profit downgrade of 25% LOL.
Anyway, glad to have some input from a random HC poster whose MACD is telling him to buy. Sounds like a short term trader looking for a quick buck. Appreciate the input.
VOC Price at posting:
$2.72 Sentiment: Hold Disclosure: Not Held