Shorts are predominantly sophisticated investors, these institutional investors do not do things on a whim. Since early August the short positions in Bellamy's has gone vertical. The aggressiveness in which these positions have been put on illustrates a very high level of conviction in their short thesis. I would suggest this short base knows something or has a high degree of certainty of their actions to be moving this hard against Bellamy's.
BAL Price at posting:
$8.27 Sentiment: None Disclosure: Not Held