Brave to short nowIt would be very brave to short this stock now. One thing I have learned too often is that if a small cap is a short candidate you wait until the run up is over. You can never predict how high a stock might go before the run is over. Patience is the key in waiting for an entry point to short.
So for a fund manager to be going short now seems very odd to me. I wonder if he went short a little while ago thinking the run up was just a brief spike in price with nothing to justify it continuing. To compare this to Sphere is just not a fair comparison. Sphere clearly had nothing. With EFL we can't be certain. It's about the MOUs actually turning into sales.