Thursday, before market opens, CEO gives his rebuttal to the accusations that company is a pyramid scheme by short seller Ackman. He could be announcing a share buy back or special dividend to make things miserable for his nemesis. Therefore,picked up 1000 shares on the gamble that this will run before and after his presentation. Looking for a squeeze.....
It went to $39!!!!
Should climb a couple more dollars tomorrow, not too late to get in.
I'm already up $2 on my 1000 shares from this morning.
Shorts getting squeezed, and the process is only beginning.
This can go to $45 by Thursday if he announces a large stock buy back.
Should top $40 tomorrow.