RE: Shorts26 Apr 2024 18:35
shorts at the highest level now in the last 10 years.
makes you wonder if we are gonna see another hotel chocolate- this was my take for the last few months.
when i hear people saying that there is nothing the management can do it makes me laugh.
when you have 300 mil on the balance sheet and the debt repayments are well covered you can always announce a 50mil buyback which will stop this the next day-and there are others ways to if there is will.
who knows, maybe the cfo was not on board with what is happening here as there was no love between him and garat during the conference call.
i am intrigued now to see what happens and don't get me wrong, i am not selling my shares. just not buying anymore.
time will tell.
this seems so rehe****d it should not even be legal.