shorts at it againThis is looking more and more like shorting and naked shorting - we will see nearer the end of the day if there is some buying that comes in to cover. The folks selling at the moment are doing so more on momentum rather that any intrinsic change in the valuation of the company. It is not unheard of for analysts to give opinions in an effort to move a stock price one way or another for their own purposes which is what we may be seeing here. I have sen nothing to support why this stock is down 25 percent over a few days and I find it hard to believe that TD believed it was worth 9.00 a few days ago and now 4.50 - what they are really saying is either" we were really stupid and got the price wrong before" or - "we are really stupid" and we have it wrong this time - either way the constant theme is "we are really stupid"
cheers
Rusty