Investors in Aussie freight software provider WiseTech Global have had a torrid few months.
That is unless they’ve been shorting the stock, as J Capital Research has done, in which case they’ve made a killing.
The latest shortselling ambush from JCap was published on February 26 and precipitated a brief fall in WiseTech’s stock, from ‘not much’ to ‘a little less’, hence around A$15.
WiseTech has not responded.
Under the headline ‘Corona ate my Homework’, JCap highlights WiseTech’s plunging profitability, as the company’s own …
