Short sellers are not usually known to be suicidal-maniacs, they don't like losing money any more than anyone else. As a group, short sellers do a better job of their homework than do the 'longs'. There must be some basis for their shorting activity, I just don't know what it is???
By my measures, I feel like AGO is undervalued by $10-12 in this market we are in. Unfortunately, I am not getting the feeling that AGO is going to capture any of