Short squeeze starts tomorrow??? Just read the 8K filing.
Whoa! Makes perfect sense the stock would be down today. I would pound it down as much as I can today to get a good price since the pricing is after the close today. Buyback of $1 BILLION starts the day after the pricing and continues for 5 days. 5 days! Could be an epic short squeeze!
Disclosure: not long or short and have no plans for any positions; just spectating.