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Blockbuster Inc. Message Board

  • floridadave2001 floridadave2001 Mar 5, 2008 6:06 PM Flag

    5M shares traded after hours

     

    and the stock didn't budge. Gawd I hate hedge funds. At least there really appears to be some fear this time and I hope it's not unfounded. In the past week there has probably been 20M of the short shares that covered (probably Icahn) and the Jan 09 7.50 calls have been very active the past 3 or 4 days with nearly 1K contracts taken at or near the ask. Don't miss Keyes or every one of those covered shares will go short again. I see this going sharply higher tomorrow or sharply lower. This is where the CEO earns his pay or needs to leave.

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