RE:RE:NVEI and American short sellers U need to look at the financial 3Q 9 months 64 cents / share . Full year maybe a $1 /sh
Nov 9 $150 sp. PE 150 !!
Growth is slowing
Financials do not support that $150 price
Shorts are only going after what looks like are overvalued Stocks.
Same as longs buy stocks that they think are undervalued.
PappyGallo wrote: The problem is how do you stop these firms from doing it. Especially when the company is traded on the US Exchange. My fear is that the only thing that can be done is for the company to immediately address the report with facts against the short seller.
I agree that these Short Sellers do damage to everyday honest people who are playing by the rules.