Betaville

Bears circle Samhallsbyggnadsbolaget - Part 2

I see the bear has finally stepped out of the woods and begun mauling away at Swedish property company Samhallsbyggnadsbolaget, also known by its ticker name SBB.

Readers though might be wondering why SBB's shares leapt after a certain short seller started airing some rather fruity allegations (for legal reasons Betaville can't repeat the allegations here).

Well, SBB's stock was down 40pc year to date before yesterday's big reveal so one assumes there might have been bit of profit taking!..