Looks like BAML will be doing the next round of financing. Nothing has changed here.
Prescient call. Why else would they upgrade it.
This is how the sucking machine on WS works trapping new bagholders.
New equity offering = liquidity problems.
AL pinksheet trading on track.
Can you please share more infor on new equity offerings ? Definitely a strong reason to short ...
True. I had not shorted ANGI for a long time. I think this upgrade was a great opportunity to jump on ANGI and short it. Good luck to all shorts.
ANGI is running out of time. At least longs have stopped with the 'it'll be acquired' chatter. Reality setting in. I am disappointed T Rowe price actually thought this was a good buy at $20. I thought they had a decent research arm.
Sentiment: Strong Sell