Foriegners would be fools to naked short ATWT right now.
Not that naked shorting isn't a valid concern. I just think that if ATWT has/is been under any short attacks, they would be wise to cover soon.
If there has been any naked shorting up until now, their frantic Covering (buying) may even add to the inevitable Rally we are all expecting.
To short this stock near a Low, and after the recent PR's that verify orders are now comming in would be "financial suicide".
I have seen Naked short attacks on stocks I have owned in the past. It is usually done to companies that are having some kind of problems, are struggling, have delayed expected News or financial reporting, or have too many uncertainties that have not been addressed by the Management. In others words, they try to magnify whatever negative situations that are already taking place within the company. ATWT does not fit into any of these catagories right now.
Not to be flippant, but I say let them go ahead and "naked short". They will lose their "bare asses".
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