It is clearly the shorters manipulating the stock. I would guess that they have been spreading negative rumors in the hope that the stock would drop, and then leaches could profit from the downturn.
TFS is the 21st most shorted stock on the ASX, and I would suggest they would be in the top 2 or 3, outside of the ASX200. http://www.shortman.com.au/top
It seems very clear to me that this is market manipulation, so it's really astounding that they get away with it.
My understanding is that shorters need to borrow stock from existing shareholders in order to exist, so an easy solution would be that the stock loaner stops it! The problem is that the loaner makes money from loaning the stock.....
It's also my guess the shorters will exit the market before the half yearly's are released, otherwise the would get burnt.
It is clearly the shorters manipulating the stock. I would guess...
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