Since I have been reading this message board for months now and have been keeping up with the company, I might as well post something right? I bought this stock at 4.03 so I'm not sitting bad right now. Probably gonna sell before the end of year.I'm no trader though and am learning on the fly. How do you guys think this senior note issuance could effect the stock? I was following the question on a newer post .....but the audubon zoo song caught me so I'm asking here!
Shorthing is the French Canadian trading term referring to a situation where an equity is sold short for a few cents instead of taking a long position in the equity of for a large monetary gain. In this case a person who shorthed SGY at 17.01 and did not subsequently go long missed out on about 3 American dollars per share. It is a complicated investing strategy and your average BoZo doesn't know how to do it and really doesn't want to anyway