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Velti plc Message Board

  • mgdcareman mgdcareman Mar 14, 2013 9:55 AM Flag

    Have we purged here?

    Looks like 20MM shares have traded hands over the past week and I can't believe the short action is near the level as a month ago. Congrats guys you made a good call but who shorts a stock at these levels ? With some big institutional interest buying in within the last month I can't help but feel they knew how ugly the report would be. Are they now positioning Velt to grow based on CFOs new platform or do you think its too late? Bottom line, I think the bad is baked in here and the majority of the shorts have left the building.... Appreciate any comments in reply

 
VELT
0.0626-0.0094(-13.06%)Dec 13 4:00 PMEST