valuations18 Aug 2019 17:55
I think another problem is the valuations of work in progress where the outcome is uncertain. Such a concern is unusual although not unique ad a quoted entity. For those who dislike shorting if you have a pension run by a fund manager they will short as insurance. In my experience if a company is sound with a strong balance sheet and rising income shorting will just be an irritant. If a company is unsound shorting will speed its demise.