CDU 0.00% 23.5¢ cudeco limited

xstrata behind takeover preparation?, page-54

  1. 2,499 Posts.
    Bretto,

    Who's shorting the stock? I see the reason the shares have fallen below $2 is due to M&G selling and no one except mum and dads buying. M&G obviously can't be short selling the stock if they have something like 14% of the company to start with. They've been selling down that stake and it is not shorting if you sell shares that you own.

    That's the reality. There is no secret plot to drive down the share price to somehow take advantage of it. All these allegations of some kind of scheming or fraud by hedge funds and posters who don't hold shares is rubbish.
 
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