What if he is short? What's the problem with that? If we're asking each other for opinions, are we only to accept those who agree with us?
It seems to me that there's a lot of speculation about companies getting taken over. That's a big danger for a short position. But if AKS does not get taken out, what is it really worth to a shareholder. I notice the 1-year target on yahoo is $12.88. Is this stock already carrying a heavy premium for speculation?