re: why i have shorted this! We won't go into it but I shorted most of my PHY position above the first offer price at which I covered.
I have also shorted this stock from around the $7 mark.
Today I covered a few to pay for dinner (72117 6.8100 AUD491,116.77 TOTAL QUANTITY: 72,117 Avg: 6.8100 GROSS) at $3.81 . Earlier in the day I was a seller. Just a bit of burley into an indecisive market.
It's a living and once more I'm right. Wait for the big holders to start dumping.
This company is in a dire situation. The CEO does not get on with people. Notice how the company attacked the partner VBA and then attacked the partner Toll.
Nasty team to get into business with I reckon.
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