UBS are notorious for shorting the crap out of ATM. They're getting ready for a short attack imo.
Yes they might, I am sure though that when ATM releases their figures it might stun a few people. Especially with their longterm outlook, maybe even stunning myself. Then we can watch shorters panic.
I'm not sure that UBS themselves do the shorting. I think they just lend the shares that shorters use. But it makes sense that they'd stock up in anticipation of some heavier shorting activity.
Yes they might, I am sure though that when ATM releases their figures it might stun a few people. Especially with their longterm outlook, maybe even stunning myself. Then we can watch shorters panic.
Last year their update was 12th of July. Potentially a month to go until further news.
Last year their update was 12th of July. Potentially a month to go until further news.
Yep and until then shorters will probably do well. It’s not my kind of game as I am a longterm Investor with this. I might sell a few if it got to $20 for rebalancing
I would suggest anyone who is having doubts about this short term drop to take a deep breath. Now go look at the 2016 numbers next to the 2017 numbers. Next, look at the 2017 numbers next to the 2018 numbers.
This company is growing at a massive pace. These current fears about China, Trump, etc. just don't hold up in the face of the maths. Stay the course. Don't be rattled by emotion based drops in the share price. Remember that for every seller there is a buyer. That guy buying understands the maths and the silliness of short-term irrational markets.
This thing is gonna fly. Has ALREADY flown. Now steel your nerves and enjoy the ride.
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