Is that all the cash they have on their books?
This has got to see CF projections and value of assets on the book erode. Sorry, I think this has quite a ways on the downside, hope to see sub $100 soon... Tough to hold unless oil and gas recover strongly.
It's called FRONT RUNNING and the SEC does nothing! Same time of garbage that Ackman does too!
And remember that Einhorn learned to master this CNBC shorting scam from what he did to Lehmans!
I believe you may be right. Seems to be working, too.
This is the same tactic Einhorn applied after he shorted Herbalife! He's a market manipulator....
Keep them coming.
I guess I agree with that.
I will take a look at this.