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Travelzoo Inc. Message Board

  • madfra1 madfra1 Sep 30, 2004 2:17 PM Flag

    Re: Bought at $73.00

    You didn't respond. What's their prediction for TZOO now. If you want to build some credibility post their prediction

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    • Let's see. TZOO announces that they have effectively increased the float 40% by selling at a 30% discount. Yet the stock trades only 7% lower. It appears the manipulation proceeds apace.

      What are the odds that whoever bought these shares were also in on the ramp job and are also now short from higher levels? What are the odds that they dispose of these 750,000 shares via their own short covering?

      Jes askin'

      • 3 Replies to nvtl_bulljunior
      • so someone made $22.5 million almost entirely risk free.

        750,000 shares X 30 pts spread

        ( 30 pts. spread is $70/share to $40/share )

      • Relax, it will get to 40 soon. Many people don't have a clue what a PIPE means to a stock. Many of those people post here.

      • I would bet on that, like the book says, so to speak, it was a fire sure bet, they had inside knowledge, during the negotiations they pumped tzoo till its limit, bartel could not even dump his shares on the market directly due to a possible conflict with insider laws,
        when the deal was done they went short, i am not sure how they got 750 k shares to short, anyway the rest is a book keeping transaction , they regsiter, the intersting question is when they are going to do the filing process.




        Let's see. TZOO announces that they have effectively increased the float 40% by selling at a 30% discount. Yet the stock trades only 7% lower. It appears the manipulation proceeds apace.

        What are the odds that whoever bought these shares were also in on the ramp job and are also now short from higher levels? What are the odds that they dispose of these 750,000 shares via their own short covering?

        Jes askin'

 
TZOO
9.23+0.03(+0.33%)Sep 2 4:00 PMEDT