RE:Short attack? ($31.19 low)1st thing you need to understand is that just like any other canadian stock, this one is heavily influenced by shorts.
2nd thing is, as a current investor, the lower the stock goes the better it is for everyone, including the shorts. The company is trying to buy back 5 million shares. i would rather they spend money buying back shares when its trading at 33,32 or 31 dollars than if they have to buy back at 45-50. FOr the shorts, who keep driving down teh price, it also works out. they can exit their position at a lower price than if they wait until the shares are purchased back and there is spike in demand.
Keep in mind, the company should have amount 10million less shares sometime before summer. that will naturally see a spike in share price, ESPECIALLY if they over deliver on results. if they also manage to announce a dividend, the price will just naturally move upwards as big institutions buy into the steady world of dividend payments.
long story short, if you have money, buy this stock now while its cheap. there will be 5 million less shares soon, so you are bound to profit (since we know they are not struggling in their buisness).