OVTI heading back to $10.........Short sellers covering, new money coming into the issue, company still going to make money going forward.Some humans perfer the negative perspective rather than recognizinginherent value.Go ahead Erick.......short OVTI now it is above $5. Mr. Shaw wants to buy 10 million shares at these levels. That's20% of the company Erick. 20% for a paltry $50 million. What a deal!
proforma and gaap loss guidance for next quarter (not gains), barely any shorts left, and hong is not big on buying his stock w/ his own money (just SH money).yeah hong wants to buy 10 million shares at 5 after his company bought more than 4 million shares at 17 (and over a million at 8). it'd make sense to some, but not hong imho.why hasn't he bought any up to now? what's he waiting for--a bottom?
Chieftain...........the company has been buying. Do you want Hong to call you at home tonight?