Waiting for your entry price Muppett??
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You've hit the nail on the head in terms of the important role of shorters in a market.
Shorters actually add liquidity to a market; to de-risk and take profits they need to buy back the stock, providing a counterbalance to a selling wave which is initiated and maintained by liquidating longs. Ironically shorters can actually help to prevent price undershoots, although many will actually find that concept counterintuitive.
Unless a participant believes A2 is worth zero (i.e. fraud), they will have a price target where the risk/reward of staying short doesn't make sense. Whatever that point is, it means that there is some fundamental floor under the share price where there will be a mass buyback of short positions. Which then puts the onus back on the longs to put their money where their mouth is, and move the price upwards again via organic demand. That's the beauty of a free and competitive market.
I quite enjoy the shorters causing so much volatility. Got another bargain purchase this morning and will be looking for more in the future.
The shorters could be in for a shock when many longtermers purchase at these very attractive prices. Lower supply for them to cover just means a bigger squeeze.
As always buying with steady hands for the longterm at good prices is always a recipe for good results
Just did my voting for AGM online. Voted against all current directors up for re election.