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Leap Wireless International Inc. Message Board

  • gappertrade gappertrade Jul 15, 2013 11:58 AM Flag

    Looks like who ever bought all those's $9.00 calls on Friday is scared to sell them

    They know their being looked at by the SEC, it was most likely a big hedge fund who had on a big short position, and got a heads up insider info tip on what was about to happen and then went into a panic and hedged with the calls to try and save themselves from getting ripped apart like all the shorts are today, because they knew they could not cover their position fast enough with out spiking the stock up big before the close.

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