RE:RE:RE:RE:RE:Can you blame the shorters ??Clubhouse19... you must blame the system but foolish to blame the shorters when they are playing within the rules of the game. What was the original rationale for allowing the shorting of a stock in the first place? And to what extent is this rule or principle of investing being manipulated.?
Should the blame also rest with the management or insiders of the company? Of course, in part.
To a large extent not only for mismanaging the affairs of the company but also for not understanding the system and how it works. Another reason the shorters and not the insiders seemingly control the company for now is the fact that from my findings (ie. Yahoo Finance) the insiders reportedly only own approximately 8% of the outstanding shares and institutions control around 20% of the stock. Which I think has allowed the shorters to manipulate the price at will. So you get a spike in the price with good news being reported and the price falls back when the shorters move in again.
This has to change. So will delising from the TSE help in improving the situation...perhaps.
Is it important to get the stock into the hands of longer term investors...you bet. Must management show that they are more capable, trustworthy and investor friendly, of course.