PBI is on the move as a company. Most major analysts have it in an uptrend. New management team, new income streams and radical needed changes to the old business model, contrary to what you just wrote steett2004. This is a company which will pay off for a patient investor. Remember, the shorts must buy to get out of the way of this train. Not a good position to be in IMVHO..........
" Remember, the shorts must buy to get out of the way of this train."
Maybe I'm a cynic, but what's to like about wall street's new business model ?
Someday when we really discuss this stock, please let me know
how freely distributed warrants (especially insiders options to buy at a significantly lower stockprice)
can provide cover....thus, some shorts get a free pass in a perilous up market....
On a simpler note, please describe the current rules by which shorts can cover their position.
"... freely distributed warrants (especially insiders options to buy at a significantly lower stockprice)
can provide cover...."
Uhh, check out the recent SEC Filings at CSCO to understand my dementia. (sigh)
SEC Filings are public knowledge. They are insiders' disclosures. So far, I have not seen any
freely distributed warrants at PBI (though my research could be too shallow).
Anyways, given that - I believe it's good that PBI hasn't joined the theft practice of "stockholder value" via warrants.
Of course, I could be completely wrong (and I have no dementia) !!!
Do your own due diligence.