So in this case a Form 4 (buy or sell) does not change your stance on whether you were willing to short, given that you were already not short or not going to short. (PLSE)
OTOH, (slight change of subject) when I see someone with an existing 10% ownership buying more it does not mean nearly as much to me as someone with a much smaller stake making a significant (or steady) increase(s) in their position. The size of the float (small) and the size of the market cap (still small) is much more concerning to a potential short position.
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