Mick, I used to be a sizable short on this stock...
... and it has paid off hansomly. Now I'm flat. I think there's limited value in going short here, even if one could (most cant it's an HTB stock). I don't think the stock is going up for a while because besides there being limited drivers to do so, there's a huge overhang of stock out there that'll keep a lid on it which is only to be followed up by management's stated intention to dilute it even further. And just a short while ago they demonstrated they have no problem diluting the hell out of it with a 40% discount offering.
However you should not dismiss one's opinions simply because they disagree with yours and furthermore attribute them as being derived from their position in the stock. There's no difference from you dismissing my opinions because you think I am short (covered/naked is utterly irrelevant, btw) and me doing the same - i.e. you're only posting a positive spin because you're long the stock.
That logic is not credible. I don't dismiss your opinion because you're long. Rather I dismiss you because it's clear you are quite new to the company and have not done enough research on the stock. When you've completed your research you will have learned not to base your opinion on the company's press releases. Since I've followed the stock for the last 5-6 years or so, the company has issued litterally hundreds of press releases with obscenly positive spins and to date NONE has resulted in meaningful operating results. There are many others here who have followed the company for far longer and who used to buy into the press releases, but no longer. Stick around, you will too.
As always all of the above are just my opinions, no facts are asserted.
